BOJ’s Kuroda calls for steps to develop Asia bond market

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Tuesday said there was a need to develop a vibrant bond-financing market in Asia to diversify sources of funding for companies in the region.

“Developing highly efficient and liquid local currency bond markets is essential,” Kuroda said in a speech at the Asia Securities Forum.

“With enhanced investment opportunities, abundant savings in the region could be recycled within the region” and meet huge needs for infrastructure funding, he said.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.