Developing corporate bond markets in Asia: a synopsis of the Kunming discussions

On 17-18 November 2005, high-level representatives from 11 central banks in Asia and the Pacific and from the European Central Bank (ECB) met in Kunming, China. They met to share their experience in developing local currency corporate bond markets at a seminar organised jointly by the Asian Office of the Bank for International Settlements (BIS) and the People’s Bank of China (PBC). The topic was a timely one that generated lively and candid discussions.