Government Bond Market Development in Asia
Asian Development Bank, 2001 - Business & Economics - 690 pages
In-depth studies were conducted in 10 developing countries (DMCs) to determine the feasibility of developing markets for government bonds and to identify impediments to their development. The country studies included a review and analysis of fiscal and monetary policy and management, the state of government bond markets, the feasibility and appropriateness of issuing government bonds at market rates, and the creation of benchmark yield curve. These studies also identified measures that will help develop secondary bond markets. The results of the study will help pinpoint specific problem areas in bond market development and identify appropriate policy measures in DMCs.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Expanding Longterm Financing Through Bond
12 other sections not shown
Other editions - View all
ADCs amount assets benchmark yield curve billion bond issues bond market development borrowing budget capital market CBSL Central Bank China clearing and settlement commercial banks companies corporate bond market corporate bonds coupon credit rating credit rating agencies crisis economies debt market debt securities deficit deposits domestic debt equity exchange rate expenditure financial institutions financial markets foreign government bond market government debt government securities growth GSEDs HKMA Hong Kong Hong Kong dollar income increase Indonesia institutional investors instruments interest rates investment issuers lending liquidity loans long-term Malaysia market liquidity market makers market participants maturity ment monetary policy outstanding percent Philippines primary dealers primary market regulatory repo market Republic of Korea revenue risk secondary market securities market short-term Singapore Singapore dollar Source Sri Lanka T-bills T-bonds Thailand tion trading transactions Treasury Bond Treasury securities trillion turnover