Asian Bonds to Benefit From Global Economic Slowdown, ADB Says

Investors will buy Asian bonds in the next 12 months as slowing global growth makes other assets less attractive, according to Iwan Azis, head of the office of regional economic integration at the Asian Development Bank.

Volatile equity markets and a banking industry ravaged by the Libor scandal have increased the relative appeal of emerging-market debt, Azis said by phone from Manila on Sept. 7. The Philippines-based lender publishes its quarterly Asian Bond Monitor today.