CGIF in the News


February 28, 2013

Record Bond Sales Showing Lessons of 1997 Learned: Asean Credit

Southeast Asian companies are on track for an eighth straight year of record bond sales as local investors provide protection from a repeat of 1997, when the region’s currencies collapsed and global banks fled.

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June 1, 2012

Credit guarantee unit to serve Asean

The Credit Guarantee and Investment Facility (CGIF), an agency set up by Asean+3 and the Asian Development Bank to help develop local-currency bond and cross border bond markets in the region, has started to operate, says chief executive Kiyoshi Nishimura.

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May 30, 2012

Asean Backing Junk Debt Lures Prudential: Southeast Asia

Southeast Asia’s first plan to back corporate bonds will lure pension funds seeking higher yields from investment-grade debt, according to Prudential Plc and PineBridge Investments LLC.

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April 11, 2011

ASEAN plans $700 million guarantee for bond issuance

The finance ministers of ASEAN have agreed on several moves to safeguard the region’s economic stability amid growing global uncertainties that could lead to potential crises.

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