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Release of the "Review of the Asian Bond Fund 2 Initiative" by the EMEAP Working Group on Financial Markets

July 7, 2006
Bank of Japan


The Bank would like to announce that the EMEAP1 (Executives' Meeting of East Asia-Pacific Central Banks) Working Group on Financial Markets released today a report titled "Review of the Asian Bond Fund 2 Initiative." 

The purposes of the review are to assess to what extent the objectives of the initiative have been met, to document the issues encountered and lessons learnt during the exercise, and to identify further work that needs to be done to develop Asian bond markets.


The full text is available on the EMEAP web site (http://www.emeap.org).


1
The Bank of Japan is a member of the EMEAP.  Other members are the Reserve Bank of Australia, the People's Bank of China, the Hong Kong Monetary Authority, the Bank Indonesia, the Bank of Korea, the Bank Negara Malaysia, the Reserve Bank of New Zealand, Bangko Sentral ng Pilipinas, the Monetary Authority of Singapore, and the Bank of Thailand.

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