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Growing opportunities in East Asian local currency bond markets
For investors, this asset class offers the prospect of higher yields and exposure to the region's favourable growth characteristics, according to Matthew Arnold of State Street Global Advisors.
Having grown considerably over the past decade, the East Asian local currency government bond market has become an asset class that global investors should find hard to ignore. Today, the markets that make up the ABF Pan Asia Bond Index have a total market capitalisation of about US$7.5 trillion1, a very significant part of the global bond universe.
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