Singapore leads emerging East Asia in Q3 bond market growth
ADB says the region's cross-border issuances remain active but warns of rising risks
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EMERGING East Asia's local currency bond markets continue to expand, with Singapore's market the fastest-growing in the third quarter, the Asian Development Bank (ADB) has said.
In its latest Asia Bond Monitor released on Tuesday, it noted that cross-border bond issuances remained active, especially with China-based corporates selling debt in Hong Kong dollars and Singapore dollars.
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