Guidance Note For Developing Government Local Currency Bond Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Guidance Note For Developing Government Local Currency Bond Markets write by International Monetary Fund. This book was released on 2021-03-12. Guidance Note For Developing Government Local Currency Bond Markets available in PDF, EPUB and Kindle. This guidance note was prepared by International Monetary Fund (IMF) and World Bank Group staff under a project undertaken with the support of grants from the Financial Sector Reform and Strengthening Initiative, (FIRST).The aim of the project was to deliver a report that provides emerging market and developing economies with guidance and a roadmap in developing their local currency bond markets (LCBMs). This note will also inform technical assistance missions in advising authorities on the formulation of policies to deepen LCBMs.
Good Practices for Developing a Local Currency Bond Market
Good Practices for Developing a Local Currency Bond Market - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Good Practices for Developing a Local Currency Bond Market write by Asian Development Bank. This book was released on 2019-05-01. Good Practices for Developing a Local Currency Bond Market available in PDF, EPUB and Kindle. Local currency bond markets in ASEAN+3 play an important role in diversifying financial intermediary channels and mitigating the impacts of financial crises. They also have the potential to help mobilize developing Asia's significant savings to meet the region's enormous infrastructure investment needs. Drawing extensively on knowledge generated by the ASEAN+3 Bond Market Forum, the publication looks at the essential building blocks and the enabling environment for these markets, as well as the roles of government, relevant authorities, and market participants.
The Asian Bond Markets Initiative
The Asian Bond Markets Initiative - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Asian Bond Markets Initiative write by Asian Development Bank. This book was released on 2017-06-01. The Asian Bond Markets Initiative available in PDF, EPUB and Kindle. The Asian Bond Markets Initiative (ABMI) was launched in December 2002 by the Association of Southeast Asian Nations (ASEAN) and the People’s Republic of China, Japan, and the Republic of Korea---collectively known as ASEAN+3 to strengthen financial stability and reduce the region’s vulnerability to the sudden reversal of capital flows. This paper also provides recommendations for addressing new sources of market volatility and other challenges within and outside the framework of the Asian Bond Markets Initiative.
Transforming Green Bond Markets
Transforming Green Bond Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Transforming Green Bond Markets write by Juan Antonio Ketterer. This book was released on 2019-09-27. Transforming Green Bond Markets available in PDF, EPUB and Kindle. Despite exhibiting remarkable growth, the green bond market still represents less than 1 percent of the global bond market. This paper identifies two challenges that might slow the adoption of green bonds and presents a menu of responses that policymakers, regulators, and public financial institutions can use to offset these challenges. Specifically, it explores two key dimensions: (i) the risk profile of the green bond instrument and (ii) the transaction costs associated with issuance of and reporting on green bonds. New approaches to risk design and technology-based approaches are essential to untap the potential of green bond markets, particularly in Latin America and the Caribbean and other developing regions. The incorporation of financial mechanisms such as covered bonds and guarantees can adequately address the risk of the issues, making the market more attractive for investors. Enhanced regulation and education and leveraging efficiencies of new technologies such as distributed ledger technologies can substantially reduce monitoring and reporting costs, while improving transparency in the use of proceeds and market integrity.
Exploring the Role of Foreign Investors in Russia's Local Currency Government Bond (OFZ) Market
Exploring the Role of Foreign Investors in Russia's Local Currency Government Bond (OFZ) Market - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Exploring the Role of Foreign Investors in Russia's Local Currency Government Bond (OFZ) Market write by Yinqiu Lu. This book was released on 2017-02-10. Exploring the Role of Foreign Investors in Russia's Local Currency Government Bond (OFZ) Market available in PDF, EPUB and Kindle. Local currency government bonds (OFZ bonds) are an important fixed-income instrument in Russia’s financial markets. In this paper, based on granular data, we explore the development of the OFZ bond market with a focus on foreign investors. As this fixed-income market has experienced a liberalization of the domestic trading and settlement infrastructure, and weathered several episodes of market stresses since the 2008–09 global financial crisis, the role of foreign investors can be observed along with these events. What we have found is that foreign investors had influenced the market before they became an important player and since then they have contributed to the development of the market while not necessarily destabilizing it in episodes of shocks.
