Treasury & Capital Markets
Inflation, rising commodity prices ease LCY bond market growth
Foreign holdings of government bonds in several emerging East Asian markets decline
Chito Santiago
28 Jun 2022
Growth in emerging East Asia’s local currency ( LCY ) bond market slowed to 3.1% in the first three months of the year to US$23.5 trillion at the end of March, from 3.6% from the previous three months, amid weakened financial conditions and global economic headwinds.