Handbook of Asian Sovereign Bond Markets: Yield & Risk
Author: Mohamed Ariff,Shamsher Mohamad,Fan-Fah Cheng
Publisher: UPM Press
ISBN: 9789673443338
Page: 233 m/s
Year: 2013
Price: RM70
This book (and the earlier volume on Asian bond markets) identifies how the major and some minor bond markets reacted to interest rate increases and decreases over the recent few years. Every investor knows excessive borrowings relative to the ability to service loans constitute sovereign debt crisis, and it is not limited only to developing countries as shown by the fall in bond values of profligate borrowers such as the Greece.
The first volume as a sovereign debt handbook series covers the key debt markets, all serving the funds needs of key Asian governments. In the many chapters of this book, the reader will find core statistics on the economic and financial behaviour of the more developed economies. You may read a short history of the market development of each country in this book, while further pages provide analyses of how bond markets are linked to the economy, to the inflation experience, to the ratings by rating agencies, and much more.