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Development of Local Currency Bond Market

Development of Local Currency Bond Market



A November 2012 progress report indicated that the G20 LCBM Action Plan is expected to be fully implemented in 2013. During 2012, the EU and South Africa also circulated non papers sharing their country experiences to promote this issue more broadly.

The November 2012 Mexico City Finance Minister and Central Bank Governors’ declaration called for further reporting on progress by the World Bank and a commitment to “deepen work on these issues under Russia’s Presidency”.