Please use this identifier to cite or link to this item:
https://elibrary.tucl.edu.np/handle/123456789/5476| Title: | Foreign and Domestic Investment in Global Bond Markets |
| Authors: | ADB; Park, Donghyun; Taniguchi, Kiyoshi; Tian, Shu |
| Issue Date: | Jan-2018 |
| Description: | Foreign investors seem more sensitive to risk–return profile than domestic investors, especially in emerging markets, and are also attracted by greater market openness and sound sovereign credit ratings. The Asian equity and bond markets have grown rapidly in the past decades. However, challenges have emerged including lack of liquidity, inactive institutional participation, and less favorable investor profiles. This paper analyzes the drivers of foreign versus domestic investment in global bond markets. The analysis suggests that there are some differences between foreign and domestic investors in both advanced and emerging bond markets. Foreign investors seem more sensitive to risk–return profile than domestic investors, especially in emerging markets. They are also attracted by greater market openness and sound sovereign credit ratings. Finally, regional market integration can benefit emerging bond markets by broadening the investor base. |
| URI: | https://www.adb.org/publications/foreign-domestic-investment-global-bond-markets https://elibrary.tucl.edu.np/handle/123456789/5476 |
| ISBN: | N/A N/A |
| ISSN: | 2313-6537 2313-6545 |
| Country: | Fiji |
| Appears in Collections: | ADB Collections |
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.