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Asian bonds get Eurozone boost

Eurozone finance ministers will be meeting in Brussels on Monday to discuss their rising concerns about the financial health of members, Spain and Cyprus.

Many fear that they may become the next eurozone countries to need a bail out.

As a result, nervous investors are increasingly keen to put their money in emerging Asian debt markets.

International bond issuances from Asia, excluding Japan, rose past the $100bn (£62bn) last month, that's about five times the full year record set in 2010.

Vishnu Varathan, Market Economist at Mizuho Corporate Bank explained why to the BBC's Rico Hizon.

  • 08 Oct 2012