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2010 Asian monetary policy forecast to remain loose

February 17, 2010  

From Aaron Pan

The region’s central banks will tighten monetary policy this year at a slower rate than many observers expect, according to Credit Suisse. But China and India stand out as exceptions.

Asian central bankers will tighten monetary policy this year at a slower pace than market observers anticipate, according to Credit Suisse.

Expectations that policymakers across Asia will begin raising interest rates and exiting fiscal stimulus measures have contributed to declines...


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 LOCAL CURRENCY DCM

Rank Bookrunner Value ($m) No. %Share
1 Samsung Securities Co 1,079 13 4.8
2 China Development Bank Corp 1,066 3 4.8
3 KB Financial Group Inc 1,052 10 4.7
4 Daewoo Securities 950 8 4.2
5 Korea Investment & Securities 865 14 3.9
6 Woori Investment & Securities 854 12 3.8
7 SK Securities 758 8 3.4
8 CITIC Securities 686 2 3.1
9 Dongbu Group 650 10 2.9
10 Haitong Securities 649 2 2.9
Subtotal 8,609 70 38.4
Total 22,396 168 100.0

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