Investing in Corporate Bond Markets in Major Emerging Market Countries provides comprehensive, in–depth information on up–and–coming corporate bond markets around the world. Written by a team of globally–recognized authorities in the emerging market arena, this book provides a concise breakdown of corporate bond structure, regulation, and taxation specific to twelve major emerging markets. Detailed nation–specific coverage includes markets in North America, South America, Asia, and Africa, with close examination of successful markets in South Korea, Hong Kong, and Singapore. The authors draw upon their extensive experience to assess the future of these bond markets, including opportunities and risks, to provide a key reference for those considering corporate bond investment.
Corporate bond market growth has historically been modest and uneven, but is now beginning to gain momentum in several emerging market countries and offers good opportunities for domestic and international investors. This book provides clear, expert assessment of each individual market to help inform a robust corporate bond strategy.
- Examine the details of 12 emerging corporate bond markets
- Learn how successful corporate bond markets are developed
- Gain expert perspective on the future opportunities and risks
- Inform decision–making with in–depth examination of markets′ structure, regulation, and taxation
Globally, non–financial corporate bonds have increased from $282 billion in 2004 to $1.7 trillion in 2013. Much of the growth is due to dramatic increases in China, Brazil, South Korea, and Malaysia, but markets in Chile, Indonesia, Mexico, Philippines, South Africa, Turkey, and Thailand are beginning to narrow the gap. Investing in Corporate Bond Markets in Major Emerging Market Countries provides the intelligence that investors need to assess available and upcoming opportunities in the context of strategy, performance, and risk.