Financing growth in the WAEMU through the regional securities market :: past successes and current challenges /
The West African Economic and Monetary Union (WAEMU) regional securities market saw increasing activity in the last decade, but still fell short of supplying sufficient long-term financing for growth-enhancing public and private investment projects. In addition to providing an institutional backgrou...
Gespeichert in:
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| Körperschaft: | |
| Weitere Verfasser: | |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C.] :
International Monetary Fund,
©2012.
|
| Schriftenreihe: | IMF working paper ;
WP/12/249. |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | The West African Economic and Monetary Union (WAEMU) regional securities market saw increasing activity in the last decade, but still fell short of supplying sufficient long-term financing for growth-enhancing public and private investment projects. In addition to providing an institutional background, this paper studies recent developments and the determinants of interest rates on the market--using yield curve and principal component analyses. It also identifies challenges and prospective reforms that could help the region reap the full benefits of a more dynamic securities market and assesses the potential systemic risk the market may pose for the region's banking system. |
| Beschreibung: | Title from PDF title page (IMF Web site, viewed Oct. 25, 2012). "African Department." "October 2012." |
| Beschreibung: | 1 online resource (22 pages). |
| Bibliographie: | Includes bibliographical references. |
| ISBN: | 1475515707 9781475515701 1616357819 9781616357818 1475563906 9781475563900 |
Internformat
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| 100 | 1 | |a Diouf, Mame Astou. | |
| 245 | 1 | 0 | |a Financing growth in the WAEMU through the regional securities market : |b past successes and current challenges / |c prepared by Mame Astou Diouf and François Boutin-Dufresne. |
| 260 | |a [Washington, D.C.] : |b International Monetary Fund, |c ©2012. | ||
| 300 | |a 1 online resource (22 pages). | ||
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| 380 | |a Bibliography | ||
| 490 | 1 | |a IMF working paper ; |v WP/12/249 | |
| 500 | |a Title from PDF title page (IMF Web site, viewed Oct. 25, 2012). | ||
| 520 | |a The West African Economic and Monetary Union (WAEMU) regional securities market saw increasing activity in the last decade, but still fell short of supplying sufficient long-term financing for growth-enhancing public and private investment projects. In addition to providing an institutional background, this paper studies recent developments and the determinants of interest rates on the market--using yield curve and principal component analyses. It also identifies challenges and prospective reforms that could help the region reap the full benefits of a more dynamic securities market and assesses the potential systemic risk the market may pose for the region's banking system. | ||
| 504 | |a Includes bibliographical references. | ||
| 500 | |a "African Department." | ||
| 500 | |a "October 2012." | ||
| 505 | 0 | |a Cover; Contents; I. Introduction; II. Institutional Framework and Market Instruments; Figures; Figure 1. Organigram of the WAEMU Securities Market; III. Recent Developments; Figure 2. WAEMU: Issuance of Debt Securities, 2001-10; Tables; Table 1. WAEMU: Government Debt Issues, 2010; Table 2. WAEMU: Issuance of Long-Term Securities, 1999-2010; IV. Determinants of Interest Rates: Yield Curve and Principal Component Analysis; Table 3. WAEMU Countries' Sovereign Debt Ratings; Figure 3. WAEMU: Determinants of T-bills' Interest Rates, 2010. | |
| 505 | 8 | |a Figure 4. WAEMU: Government Issues Profiling Using Principal Component Analysis, 2010V. Challenges Ahead; VI. Conclusion and Policy Recommendations; References; Annex 1. Issuers on the WAEMU Bond Market; Table 1. WAEMU: Issues of Securities, 2001-2010; Annex 2. Principal Component Analysis: Detailed Results for Government Securities Issued in 2010; Figure 1. WAEMU: PCA on Government Securities, 2010. | |
| 546 | |a English. | ||
| 650 | 0 | |a Securities |z Africa, West. | |
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| 710 | 2 | |a International Monetary Fund. |b African Department. |0 http://id.loc.gov/authorities/names/no93028933 | |
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Datensatz im Suchindex
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| _version_ | 1813903590271483904 |
| adam_text | |
| any_adam_object | |
| author | Diouf, Mame Astou |
| author2 | Boutin-Dufresne, François, 1976- |
| author2_role | |
| author2_variant | f b d fbd |
| author_GND | http://id.loc.gov/authorities/names/n2010076857 |
| author_corporate | International Monetary Fund. African Department |
| author_corporate_role | |
| author_facet | Diouf, Mame Astou Boutin-Dufresne, François, 1976- International Monetary Fund. African Department |
| author_role | |
| author_sort | Diouf, Mame Astou |
| author_variant | m a d ma mad |
| building | Verbundindex |
| bvnumber | localFWS |
| callnumber-first | H - Social Science |
| callnumber-label | HG3881 |
| callnumber-raw | HG3881.5.I58 W67 No. 12/249eb |
| callnumber-search | HG3881.5.I58 W67 No. 12/249eb |
| callnumber-sort | HG 43881.5 I58 W67 NO 212 3249EB |
| callnumber-subject | HG - Finance |
| collection | ZDB-4-EBA |
| contents | Cover; Contents; I. Introduction; II. Institutional Framework and Market Instruments; Figures; Figure 1. Organigram of the WAEMU Securities Market; III. Recent Developments; Figure 2. WAEMU: Issuance of Debt Securities, 2001-10; Tables; Table 1. WAEMU: Government Debt Issues, 2010; Table 2. WAEMU: Issuance of Long-Term Securities, 1999-2010; IV. Determinants of Interest Rates: Yield Curve and Principal Component Analysis; Table 3. WAEMU Countries' Sovereign Debt Ratings; Figure 3. WAEMU: Determinants of T-bills' Interest Rates, 2010. Figure 4. WAEMU: Government Issues Profiling Using Principal Component Analysis, 2010V. Challenges Ahead; VI. Conclusion and Policy Recommendations; References; Annex 1. Issuers on the WAEMU Bond Market; Table 1. WAEMU: Issues of Securities, 2001-2010; Annex 2. Principal Component Analysis: Detailed Results for Government Securities Issued in 2010; Figure 1. WAEMU: PCA on Government Securities, 2010. |
| ctrlnum | (OCoLC)814407008 |
| dewey-full | 332.63/2 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 332 - Financial economics |
| dewey-raw | 332.63/2 |
| dewey-search | 332.63/2 |
| dewey-sort | 3332.63 12 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| geographic | West Africa fast |
| geographic_facet | West Africa |
| id | ZDB-4-EBA-ocn814407008 |
| illustrated | Not Illustrated |
| indexdate | 2024-10-25T16:21:06Z |
| institution | BVB |
| institution_GND | http://id.loc.gov/authorities/names/no93028933 |
| isbn | 1475515707 9781475515701 1616357819 9781616357818 1475563906 9781475563900 |
| language | English |
| oclc_num | 814407008 |
| open_access_boolean | |
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| owner_facet | MAIN |
| physical | 1 online resource (22 pages). |
| psigel | ZDB-4-EBA |
| publishDate | 2012 |
| publishDateSearch | 2012 |
| publishDateSort | 2012 |
| publisher | International Monetary Fund, |
| record_format | marc |
| series | IMF working paper ; |
| series2 | IMF working paper ; |
| spelling | Diouf, Mame Astou. Financing growth in the WAEMU through the regional securities market : past successes and current challenges / prepared by Mame Astou Diouf and François Boutin-Dufresne. [Washington, D.C.] : International Monetary Fund, ©2012. 1 online resource (22 pages). text txt rdacontent computer c rdamedia online resource cr rdacarrier data file rda Bibliography IMF working paper ; WP/12/249 Title from PDF title page (IMF Web site, viewed Oct. 25, 2012). The West African Economic and Monetary Union (WAEMU) regional securities market saw increasing activity in the last decade, but still fell short of supplying sufficient long-term financing for growth-enhancing public and private investment projects. In addition to providing an institutional background, this paper studies recent developments and the determinants of interest rates on the market--using yield curve and principal component analyses. It also identifies challenges and prospective reforms that could help the region reap the full benefits of a more dynamic securities market and assesses the potential systemic risk the market may pose for the region's banking system. Includes bibliographical references. "African Department." "October 2012." Cover; Contents; I. Introduction; II. Institutional Framework and Market Instruments; Figures; Figure 1. Organigram of the WAEMU Securities Market; III. Recent Developments; Figure 2. WAEMU: Issuance of Debt Securities, 2001-10; Tables; Table 1. WAEMU: Government Debt Issues, 2010; Table 2. WAEMU: Issuance of Long-Term Securities, 1999-2010; IV. Determinants of Interest Rates: Yield Curve and Principal Component Analysis; Table 3. WAEMU Countries' Sovereign Debt Ratings; Figure 3. WAEMU: Determinants of T-bills' Interest Rates, 2010. Figure 4. WAEMU: Government Issues Profiling Using Principal Component Analysis, 2010V. Challenges Ahead; VI. Conclusion and Policy Recommendations; References; Annex 1. Issuers on the WAEMU Bond Market; Table 1. WAEMU: Issues of Securities, 2001-2010; Annex 2. Principal Component Analysis: Detailed Results for Government Securities Issued in 2010; Figure 1. WAEMU: PCA on Government Securities, 2010. English. Securities Africa, West. Investments Africa, West. Investissements Afrique occidentale. BUSINESS & ECONOMICS Finance. bisacsh Securities fast West Africa fast Boutin-Dufresne, François, 1976- https://id.oclc.org/worldcat/entity/E39PCjqCVgVBQhBwJV9D4vvDmb http://id.loc.gov/authorities/names/n2010076857 International Monetary Fund. African Department. http://id.loc.gov/authorities/names/no93028933 has work: Financing growth in the WAEMU through the regional securities market (Text) https://id.oclc.org/worldcat/entity/E39PCG8cyvHHwTc9gR8qDG4kKq https://id.oclc.org/worldcat/ontology/hasWork 1-4755-1570-7 1-4755-4820-6 IMF working paper ; WP/12/249. http://id.loc.gov/authorities/names/no89010263 FWS01 ZDB-4-EBA FWS_PDA_EBA https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=536797 Volltext CBO01 ZDB-4-EBA FWS_PDA_EBA https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=536797 Volltext |
| spellingShingle | Diouf, Mame Astou Financing growth in the WAEMU through the regional securities market : past successes and current challenges / IMF working paper ; Cover; Contents; I. Introduction; II. Institutional Framework and Market Instruments; Figures; Figure 1. Organigram of the WAEMU Securities Market; III. Recent Developments; Figure 2. WAEMU: Issuance of Debt Securities, 2001-10; Tables; Table 1. WAEMU: Government Debt Issues, 2010; Table 2. WAEMU: Issuance of Long-Term Securities, 1999-2010; IV. Determinants of Interest Rates: Yield Curve and Principal Component Analysis; Table 3. WAEMU Countries' Sovereign Debt Ratings; Figure 3. WAEMU: Determinants of T-bills' Interest Rates, 2010. Figure 4. WAEMU: Government Issues Profiling Using Principal Component Analysis, 2010V. Challenges Ahead; VI. Conclusion and Policy Recommendations; References; Annex 1. Issuers on the WAEMU Bond Market; Table 1. WAEMU: Issues of Securities, 2001-2010; Annex 2. Principal Component Analysis: Detailed Results for Government Securities Issued in 2010; Figure 1. WAEMU: PCA on Government Securities, 2010. Securities Africa, West. Investments Africa, West. Investissements Afrique occidentale. BUSINESS & ECONOMICS Finance. bisacsh Securities fast |
| title | Financing growth in the WAEMU through the regional securities market : past successes and current challenges / |
| title_auth | Financing growth in the WAEMU through the regional securities market : past successes and current challenges / |
| title_exact_search | Financing growth in the WAEMU through the regional securities market : past successes and current challenges / |
| title_full | Financing growth in the WAEMU through the regional securities market : past successes and current challenges / prepared by Mame Astou Diouf and François Boutin-Dufresne. |
| title_fullStr | Financing growth in the WAEMU through the regional securities market : past successes and current challenges / prepared by Mame Astou Diouf and François Boutin-Dufresne. |
| title_full_unstemmed | Financing growth in the WAEMU through the regional securities market : past successes and current challenges / prepared by Mame Astou Diouf and François Boutin-Dufresne. |
| title_short | Financing growth in the WAEMU through the regional securities market : |
| title_sort | financing growth in the waemu through the regional securities market past successes and current challenges |
| title_sub | past successes and current challenges / |
| topic | Securities Africa, West. Investments Africa, West. Investissements Afrique occidentale. BUSINESS & ECONOMICS Finance. bisacsh Securities fast |
| topic_facet | Securities Africa, West. Investments Africa, West. Investissements Afrique occidentale. BUSINESS & ECONOMICS Finance. Securities West Africa |
| url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=536797 |
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