Instruments, Investor Base, and Recent Developments in the Malaysian Government 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 Instruments, Investor Base, and Recent Developments in the Malaysian Government Bond Market write by MissYinqiu Lu. This book was released on 2018-04-26. Instruments, Investor Base, and Recent Developments in the Malaysian Government Bond Market available in PDF, EPUB and Kindle. Foreign holdings of Malaysian local currency (LCY) government bonds have increased since the global financial crisis. By exploring the micro-level bank by bank and fund by fund data, we are able to shed light on the key features of the LCY government bonds including their investor base. The data suggest that to gain exposure to the Malaysian credit, holding cash bonds is generally only one part of the strategy of foreign investors and in many cases FX derivatives are involved. The availability of an efficient FX derivatives market could help to attract a wider range of foreign investors and enrich the bond market. Meanwhile, the analysis of the risk related to the foreign ownership ideally could also cover the role of derivatives. The analysis also allows us to conclude that despite the importance of foreign investors, domestic participants, as the core investor base, could help to ensure the stability and proper functioning of the bond market.
Instruments, Investor Base, and Recent Developments in the Malaysian Government Bond Market
Instruments, Investor Base, and Recent Developments in the Malaysian Government 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 Instruments, Investor Base, and Recent Developments in the Malaysian Government Bond Market write by MissYinqiu Lu. This book was released on 2018-04-26. Instruments, Investor Base, and Recent Developments in the Malaysian Government Bond Market available in PDF, EPUB and Kindle. Foreign holdings of Malaysian local currency (LCY) government bonds have increased since the global financial crisis. By exploring the micro-level bank by bank and fund by fund data, we are able to shed light on the key features of the LCY government bonds including their investor base. The data suggest that to gain exposure to the Malaysian credit, holding cash bonds is generally only one part of the strategy of foreign investors and in many cases FX derivatives are involved. The availability of an efficient FX derivatives market could help to attract a wider range of foreign investors and enrich the bond market. Meanwhile, the analysis of the risk related to the foreign ownership ideally could also cover the role of derivatives. The analysis also allows us to conclude that despite the importance of foreign investors, domestic participants, as the core investor base, could help to ensure the stability and proper functioning of the bond market.
Guidance Note For Developing Government Local Currency Bond Markets
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.
ASEAN+3 Bond Market Guide 2016 Singapore
ASEAN+3 Bond Market Guide 2016 Singapore - 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 ASEAN+3 Bond Market Guide 2016 Singapore write by Asian Development Bank. This book was released on 2016-10-01. ASEAN+3 Bond Market Guide 2016 Singapore available in PDF, EPUB and Kindle. The Singapore bond market has become one of the most developed open capital markets in Asia with over US$221 billion in total local currency bonds outstanding with an additional US$53 billion of bonds outstanding. The Singapore Bond Market Guide is an outcome of the support and contributions of ASEAN+3 Bond Market Forum members and experts, particularly from Singapore, while the ASEAN+3 Bond Market Guide as a whole is a comprehensive explanation of the region’s bond markets. This report should be recognized as a collective good to support bond market development among ASEAN+3 members.
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.
