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GIC, DBS bemoan Asian bond market failings

Ernest Chan
Illiquid, crowded out by bank lending, and underdeveloped. That is how many institutional investors see Asian bond finance, which lags the region's economic coming of age.
GIC, DBS bemoan Asian bond market failings

There is still too much of a disconnect between Asia's underdeveloped debt capital markets and its fast-growing and increasingly weighty economies, according to some of the region's leading asset owners and banks.

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