The June 2023 Asia Bond Monitor report covers the local currency bond markets of 10 ASEAN+3 countries, including the People's Republic of China, Hong Kong, and the Republic of Korea. The report provides an outlook, risks, and policy options for these markets. The Asian Development Bank (ADB) supports these markets through policy dialogue, loans, equity investments, guarantees, grants, and technical assistance. The report was prepared by a team from the ADB's Economic Research and Regional Cooperation Department and was funded by the Investment Climate Facilitation Fund of the Government of Japan. The production of the report was led by Shu Tian and Donghyun Park, and supported by the AsianBondsOnline team.