The size of the local currency bond market in the East Asian economies excluding Japan has been growing at a rate exceeding 20 percent which is more than twice the growth rate of the global bond market and this is evident in the corporate bond market segment as well.
An interesting observation from the data on corporate bond markets in Asia is that the value of outstanding increased during the period of recent global financial crisis. The outstanding increased from $ 929 million as of end-December 2007 to $ 1617 million as of end-December 2010 This underlines the continued attraction for investments even during the period of financial turmoil in the global markets.