{"product_id":"local-currency-collateral-for-cross-border-asian-development-bank-9789292697136","title":"Local Currency Collateral for Cross-Border Financial Transactions: Policy Recommendations from the Cross-Border Settlement Infrastructure Forum: Polic","description":"\u003cp\u003eThis report looks at how the use of local currency-denominated bonds for cross-border collateral transactions can be promoted in ASEAN+3 to develop regional bond markets. \u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eActive use of local currency-denominated bonds for cross-border collateral transactions can help by mitigating risks, reducing the credit costs of financial institutions, and expanding market liquidity. The report identifies the challenges faced by regional collateral markets and proposes seven policy recommendations for promoting the cross-border use of local currency bonds as collateral in the Association of Southeast Asian Nations plus the People's Republic of China, Japan, and the Republic of Korea-known collectively as ASEAN+3.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Asian Development Bank\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 9292697137\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9789292697136\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Asian Development Bank\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 09\/07\/2022\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 84\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.62lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 11.00h x 8.50w x 0.23d","brand":"Asian Development Bank","offers":[{"title":"Paperback","offer_id":44069806014719,"sku":"9789292697136","price":31.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_6d8e4ca3-f73d-40af-8e62-8a6b474364f1.jpg?v=1685426602","url":"https:\/\/www.whiterainbookhouse.com\/products\/local-currency-collateral-for-cross-border-asian-development-bank-9789292697136","provider":"WR Book House","version":"1.0","type":"link"}