OECD public debt markets: trend and recent structural changes
OECD, Jun 11, 2002 - Business & Economics - 283 pages
This book is an authoritative source of the most up-to-date information on North American, Asian-Pacific and European bond markets. As it is drafted by the OECD debt managers themselves, it provides a unique overview of the best practices on debt management policies and techniques. This overview also focuses on issues and policies in emerging public debt markets. The findings of this study reflect important insights gained from the policy dialogue with the debt managers from emerging markets (including links to financial crises). Details on the trends, background analyses and policies in countries and in regions can be found in various charts, tables, individual country chapters and regional overviews. Finally, key policy issues discussed include the implications of budgetary surpluses, the growing importance of electronic trading systems, trends in the organisation of debt management offices, and the use of derivatives.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Introduction and Overview of OECD Bond Markets
Overview of North American Debt Markets
The United States Bond Market
35 other sections not shown
Other editions - View all
amount assets average benchmark bonds bids billion bond issues bond market borrowing requirement budget surpluses buy-back capital markets central government Chart competitive conventional gilts Copenhagen Stock Exchange corporate bonds costs countries coupon debt instruments debt markets Debt Office debt securities decline deficit electronic trading euro Federal financial institutions financial markets fiscal foreign currency futures German gilts government bond market government bonds government debt Government's hedging increase index-linked inflation institutional investors insurance companies interest rate investment issuance issuers JGBs liquidity loans long-term market liquidity market participants marketable debt monetary policy mortgage-credit bonds nominal OECD operations pension funds percent portfolio primary dealers primary market public debt markets recent reduce risk role secondary market sector share short-term Stock Exchange strategy structure switch auction trading system transactions transparency Treasury bills Treasury bonds Treasury securities trend trillion KRW turnover yield curve Zealand Government Bonds