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The absence of vibrant bondmarkets in East Asia was a significant contributor to the 1997-98 financial crisis. Ever since, the development of local bondmarkets has been a major objective of financial reforms in many East Asian economies. This book, the first of its kind, comes from the Finance Forum of the Pacific Economic Cooperation Council.

Bond market --- Monetary policy --- Bonds. --- Bond issues --- Debentures --- Negotiable instruments --- Securities --- Debts, Public --- Stocks --- Bond markets --- Market, Bond --- Capital market