12

1

Outstanding Size of Asian Bond Market

Annex C

(US$bn)

Hong Kong Hong Kong

Singapore

Malaysia

Thailand

(end 1995)

(end 1994)

(end 1994)

(end 1994)

(end 1994)

Philippines (end 1994)

Indonesia (end 1994)

Government

7.59

6.84

42.3

41.61

10.23

25.1

8.37

National and

0.08

42.3

32.66

10.23

24.90

1.53

Local

Government

Central Bank /

7.59

6.76

8.95

0

0.2

6.84

Monetary

Authority

Private Sector

17.87

12.94

2.53

9.33

3.82

0

0.70

Corporate

7.01

4.65

2.53

4.88

3.51

0

0.70

NCDs

10.86.

8.29

N/A

4.45

0.31

N/A

N/A

Total

25.46

19.78

44.83

50.94

14.05

25.10

9.07

N/A: Not Available

Notes:

1. The 1995 figures on Hong Kong are results of the Survey on the Hong Kong Dollar Debt

Market. The 1994 figures on Hong Kong are estimated from various sources.

2. Sources of data on other Asian bond markets:

The Emerging Asian Bond Market, World Bank.

Asia's Bond Markets : The Real Story, HSBC Markets.

End

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