| The purpose of developing Asian bond market is to utilize Asiancapital for the development of Asian economy. It will help Asiancountries and regions to eliminate currency mismatch and maturitymismatch, which are the main reasons for Asian financial crisis in 1997.At the same time, Asian bond market can also change regional financialstructure and reduce excessive dependence on banks and bond markets inEurope and the US. But the development of Asian bond market is facedwith many problems. This paper starts from the concept and regionalbackground of Asian bond market, and then analyzes the reasons fordeveloping Asian bond market and the problems it may be faced with. Atlast it provides advice about how to develop Asian bond market in twoaspects. |