This publication explores how a local currency government bond market is vital to strengthen economic recovery from COVID-19. It focuses on the Lao People’s D

This handbook is a comprehensive and authoritative reference for both senior policymakers—those responsible for the development of government bond markets in

Unconstrained multi-sector bond funds (MSBFs) can be a source of spillovers to emerging markets and potentially exert a sizable impact on cross-border flows. MS

We assess the extent to which emerging economies have been able to attract global investors to their local currency bond markets. To do so, we first provide a s

" Over the past three years, cross-border inflows into emerging market (EM) local currency bonds have surged. The returns on these bonds have moved more closely