A number of projects are underway to nurture regional corporate bond markets, and the Bank of Japan has participated actively in some of these initiatives, including the successful launch of the  2  For more details, see Asian Development Outlook 2010 Update: The Future of Growth in Asia, Asian Development Bank, 2010.
3  For more details, see “Weathering Financial Crises: Bond Markets in Asia and the Pacific”, BIS Paper No. 63, Bank for International Settlements, 2012. BIS central bankers’ speeches  3  Asian Bond Fund (ABF). But the saving-and-investment balance in Asia has remained lopsided since the Asian financial crisis.