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Document Type: | General |
Publish Date: | December 2006 |
Primary Author: | Eric Chan, Michael Davies & Jacob Gyntelberg |
Edited By: | Suneela Farooqi |
Published By: | Eric Chan, Michael Davies |
In Asia, government-supported housing agencies have played a constructive role in the development of domestic residential mortgage and bond markets. Several agencies have increased their overall market presence in recent years by expanding their activities and have accepted a larger share of the associated credit risks. Several countries in Asia have established government housing finance agencies, in part to help develop their domestic housing finance markets and associated bond markets.