1、1The Asian International Bond Markets:Issuance Trends and Dynamics-March 2025The Asian International Bond Markets:Issuance Trends and DynamicsFifth Edition,March 20252The Asian International Bond Markets:Issuance Trends and Dynamics-March 2025Researched and written by:Alex Tsang and Mushtaq Kapasi.D
2、ata analysis by:Christhoper Matthew and Alex Tsang.ICMA would like to acknowledge Dealogic for providing the data used in this report.If there is any inconsistency or ambiguity between the English and Chinese versions,the English version shall prevail.Supported by the Hong Kong Monetary AuthorityThi
3、s paper is provided for information purposes only and should not be relied upon as legal,financial,or other professional advice.While the information contained herein is taken from sources believed to be reliable,ICMA does not represent or warrant that it is accurate or complete and neither ICMA nor
4、 its employees shall have any liability arising from or relating to the use of this publication or its contents.Likewise,data providers who provided information used in this report do not represent or warrant that such data is accurate or complete and no data provider shall have any liability arisin
5、g from or relating to the use of this publication or its contents.International Capital Market Association(“ICMA”),Zurich,2025.All rights reserved.No part of this publication may be reproduced or transmitted in any form or by any means without permission from ICMA.3The Asian International Bond Marke
6、ts:Issuance Trends and Dynamics-March 2025Table of contentsExecutive summary 4Introduction 6Why the report?6Scope and methodology 6About ICMA 6The Asian international bond markets-issuance trends and dynamics 7Issuance trends of international bonds by region(deal nationality)7Main location of arrang