The Development of Local Debt Markets in Asia:
The paper makes an assessment of the progress made in developing local debt markets in emerging Asia. Market development has been limited by hurdles confronting borrowers and lenders, current and potential liquidity providers, and insufficient support from government policies and regulations. Beside...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2011
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Schriftenreihe: | IMF Working Papers
Working Paper No. 11/132 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | The paper makes an assessment of the progress made in developing local debt markets in emerging Asia. Market development has been limited by hurdles confronting borrowers and lenders, current and potential liquidity providers, and insufficient support from government policies and regulations. Besides fostering a credit culture to deepen local debt markets, the issue of critical size can be addressed through an integrated regional market for local currency bonds that provides greater scale, efficiency, and access. With rapid economic growth in Asia, a key challenge is to generate financial assets that can provide the underlying collateral for expanding fixed-income markets, and hence domestic and regional investment opportunities |
Beschreibung: | 1 Online-Ressource (31 p) |
ISBN: | 1455259373 9781455259373 |
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index_date | 2024-07-03T20:13:21Z |
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spelling | Goswami, Mangal Verfasser aut The Development of Local Debt Markets in Asia Goswami, Mangal Washington, D.C International Monetary Fund 2011 1 Online-Ressource (31 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 11/132 The paper makes an assessment of the progress made in developing local debt markets in emerging Asia. Market development has been limited by hurdles confronting borrowers and lenders, current and potential liquidity providers, and insufficient support from government policies and regulations. Besides fostering a credit culture to deepen local debt markets, the issue of critical size can be addressed through an integrated regional market for local currency bonds that provides greater scale, efficiency, and access. With rapid economic growth in Asia, a key challenge is to generate financial assets that can provide the underlying collateral for expanding fixed-income markets, and hence domestic and regional investment opportunities Online-Ausg Sharma, Sunil Sonstige oth http://elibrary.imf.org/view/IMF001/11873-9781455259373/11873-9781455259373/11873-9781455259373.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Goswami, Mangal The Development of Local Debt Markets in Asia |
title | The Development of Local Debt Markets in Asia |
title_auth | The Development of Local Debt Markets in Asia |
title_exact_search | The Development of Local Debt Markets in Asia |
title_exact_search_txtP | The Development of Local Debt Markets in Asia |
title_full | The Development of Local Debt Markets in Asia Goswami, Mangal |
title_fullStr | The Development of Local Debt Markets in Asia Goswami, Mangal |
title_full_unstemmed | The Development of Local Debt Markets in Asia Goswami, Mangal |
title_short | The Development of Local Debt Markets in Asia |
title_sort | the development of local debt markets in asia |
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