Bond markets in Africa:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C.]
International Monetary Fund
©2013
|
| Schriftenreihe: | IMF working paper
WP/13/12 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Beschreibung: | Title from PDF title page (IMF Web site, viewed Jan. 23, 2013). - "African Department.". - "January 2013." African bond markets have been steadily growing in recent years, but nonetheless remain undeveloped. African countries would benefit from greater access to financing and deeper financial markets. This paper compiles a unique set of data on corporate bond markets in Africa. It then applies an econometric model to analyze the key determinants of African government securities market and corporate bond market capitalization. Government securities market capitalization is directly related to better institutions and interest rate volatility, and inversely related to the fiscal balance, higher interest rate spreads, exchange rate volatility, and current and capital account openness. Corporate bond market capitalization is directly linked to economic size, the level of development of the economy and financial markets, better institutions, and interest rate volatility, and inversely related to higher interest rate spreads and current account openness. Policy implications follow Includes bibliographical references |
| Beschreibung: | 1 Online-Ressource (53 pages) |
| ISBN: | 9781475520125 1475520123 |
Internformat
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| 500 | |a Title from PDF title page (IMF Web site, viewed Jan. 23, 2013). - "African Department.". - "January 2013." | ||
| 500 | |a African bond markets have been steadily growing in recent years, but nonetheless remain undeveloped. African countries would benefit from greater access to financing and deeper financial markets. This paper compiles a unique set of data on corporate bond markets in Africa. It then applies an econometric model to analyze the key determinants of African government securities market and corporate bond market capitalization. Government securities market capitalization is directly related to better institutions and interest rate volatility, and inversely related to the fiscal balance, higher interest rate spreads, exchange rate volatility, and current and capital account openness. Corporate bond market capitalization is directly linked to economic size, the level of development of the economy and financial markets, better institutions, and interest rate volatility, and inversely related to higher interest rate spreads and current account openness. Policy implications follow | ||
| 500 | |a Includes bibliographical references | ||
| 650 | 7 | |a BUSINESS & ECONOMICS / Investments & Securities / Bonds |2 bisacsh | |
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| 650 | 4 | |a Wirtschaft | |
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Datensatz im Suchindex
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| author | Mu, Yibin |
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| building | Verbundindex |
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| collection | ZDB-4-EBU |
| ctrlnum | (OCoLC)825008030 (DE-599)BVBBV042960790 |
| dewey-full | 332.63/23096 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 332 - Financial economics |
| dewey-raw | 332.63/23096 |
| dewey-search | 332.63/23096 |
| dewey-sort | 3332.63 523096 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| id | DE-604.BV042960790 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:13:48Z |
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| isbn | 9781475520125 1475520123 |
| language | English |
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| publisher | International Monetary Fund |
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| spelling | Mu, Yibin Verfasser aut Bond markets in Africa prepared by Yibin Mu, Peter Phelps, and Janet G. Stotsky [Washington, D.C.] International Monetary Fund ©2013 1 Online-Ressource (53 pages) txt rdacontent c rdamedia cr rdacarrier IMF working paper WP/13/12 Title from PDF title page (IMF Web site, viewed Jan. 23, 2013). - "African Department.". - "January 2013." African bond markets have been steadily growing in recent years, but nonetheless remain undeveloped. African countries would benefit from greater access to financing and deeper financial markets. This paper compiles a unique set of data on corporate bond markets in Africa. It then applies an econometric model to analyze the key determinants of African government securities market and corporate bond market capitalization. Government securities market capitalization is directly related to better institutions and interest rate volatility, and inversely related to the fiscal balance, higher interest rate spreads, exchange rate volatility, and current and capital account openness. Corporate bond market capitalization is directly linked to economic size, the level of development of the economy and financial markets, better institutions, and interest rate volatility, and inversely related to higher interest rate spreads and current account openness. Policy implications follow Includes bibliographical references BUSINESS & ECONOMICS / Investments & Securities / Bonds bisacsh Bond market fast Bond market / Econometric models fast Wirtschaft Ökonometrisches Modell Bond market Africa, Sub-Saharan Bond market Africa, Sub-Saharan Econometric models Phelps, Peter Sonstige oth Stotsky, Janet Gale Sonstige oth International Monetary Fund African Department Sonstige oth http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=548022 Aggregator Volltext |
| spellingShingle | Mu, Yibin Bond markets in Africa BUSINESS & ECONOMICS / Investments & Securities / Bonds bisacsh Bond market fast Bond market / Econometric models fast Wirtschaft Ökonometrisches Modell Bond market Africa, Sub-Saharan Bond market Africa, Sub-Saharan Econometric models |
| title | Bond markets in Africa |
| title_auth | Bond markets in Africa |
| title_exact_search | Bond markets in Africa |
| title_full | Bond markets in Africa prepared by Yibin Mu, Peter Phelps, and Janet G. Stotsky |
| title_fullStr | Bond markets in Africa prepared by Yibin Mu, Peter Phelps, and Janet G. Stotsky |
| title_full_unstemmed | Bond markets in Africa prepared by Yibin Mu, Peter Phelps, and Janet G. Stotsky |
| title_short | Bond markets in Africa |
| title_sort | bond markets in africa |
| topic | BUSINESS & ECONOMICS / Investments & Securities / Bonds bisacsh Bond market fast Bond market / Econometric models fast Wirtschaft Ökonometrisches Modell Bond market Africa, Sub-Saharan Bond market Africa, Sub-Saharan Econometric models |
| topic_facet | BUSINESS & ECONOMICS / Investments & Securities / Bonds Bond market Bond market / Econometric models Wirtschaft Ökonometrisches Modell Bond market Africa, Sub-Saharan Bond market Africa, Sub-Saharan Econometric models |
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