Returns on Asian Local Currency Bonds: January - July 2013

RETURNS ON ASIAN LOCAL CURRENCY BONDS JANUARY - JULY 2013: US$ UNHEDGED TOTAL RETURN INDEX Philippines 8% China, People's Republic of 4% 3.1% Hong Kong, China Korea, Republic of 7.5% PAN-ASIAN INDEX Indonesia Malaysia Singapore Thailand 0% 3.4% 17.8% 4.4% 5.8% 7.8% 2.2% 3.5% -4% -8% -12% -16% (iBoxx Asian Bond Fund Index Family Returns) SOURCE ADB Asian Development Bank AsianBondsOnline and Bloomberg LP FIGHTING POVERTY IN ASIA AND THE PACIFIC wwW.ADB.ORG