Possibilities of further emerging bond market development
Journal Title: Acta Economica - Year 2013, Vol 11, Issue 19
Abstract
Since developed bond market is very important, it is indisputable that large force need to be directed to it’s further development in developing countries. In order to bond market be developed numerous barriers of development have to be disposed of. Namely, there are barriers on side of supply of capital, barriers on side of demand for capital as well as barriers in infrastructure development. Sequencing of bond market development depends on size of the economy, degree of competition in the financial sector, degree of the financial system complexity and investors’ structure development in some country and their interest in fixed income securities investment. In underdeveloped market priority should be development and strengthening of market for short-term financial instruments. After solid basis for well operating of short-term financial instruments market is established, then follow the taking activities in order to improve financing by issuing of long-term financial instruments. In the latter phase of bond market development process active secondary market should ensure the basis for further bond standardization in the market.
Authors and Affiliations
Нермина Побрић
Keywords
Related Articles
- EP ID EP43777
- DOI -
- Views 274
- Downloads 0
Moral hazard in the banking sector of Republika Srpska
Many previous crisis in the banking sector showed that moral hazard is often one of the main causes of such crises. Failure of two banks in Republika Srpska in a very short period of time gave rise to this study to deter...
INFORMATION AND INFORMATION TECHNOLOGIES FOR BUSINESS DECISION-MAKING
This work shall deal with the information that is used as resource for business decision-making, information technologies, information systems and the process of decision-making based on models. Information is a resou...
Еntrepreneurship and cultural values
In this work, the author studies the influences of culture, cultural flows and cultural values on economic development, entrepreneurship initiative and social progress. In the previous decade, many works were written tha...
The Analyze of Marketing and Economy Objects of Research
By explaining and relating of facts of reality, knowledge and science one gets an insight into problem of relations between economy as a science and marketing as a process which aims to develop into independent science o...
INVESTING INTO SCIENTIFIC RESEARCH AND ECONOMIC GROWTH
Creating a European Research Area (ERA) was defined as a strategic goal in the area of scientific research and technological development at the Lisbon Conference 2000. The Seventh Framework Programme for research and tec...