... Bank and IMF (2001): Developing Government Bond Markets: a Handbook Yoshitomi, M and S Shirai (2001): “Designing a financial market structure in post-crisis Asia – how to develop corporate bond markets , ... users of bond markets Banks as purchasers of bonds In some economies, banks are major holders of corporate bonds For example, in Indonesia banks hold the majority of corporate bonds, and this ... Germany, India, Indonesia, Mexico, Poland, Russia and Thailand) banks and other financial institutions account for most domestic bond issuance Subordinated bond issuance has the advantage for banks...
Ngày tải lên: 15/02/2014, 13:20
... Executive Summary 1.1 The UK Bond market is small compared to global bond markets and biased to longer dated, and therefore riskier, bonds. 1.2 The UK Bond market is valued at about £1.2 trillion with £700 billion of this made up of UK ... rights an investor has and what the issuer can do and has to do whilst the bond us still in issuance (not matured) If the bond is priced too high and the entire bond is not sold to end investors, the bond becomes ... national barriers to entry and are subject to less political risk), the Euromarkets, and in the UK’s case the EuroSterling market, continue to grow and be the market of choice for issuance. 3.3.3 Global Bonds Global bonds are simply bonds issued in the Euromarkets and domestic market at the same ...
Ngày tải lên: 06/03/2014, 08:20
CGFS Papers : Financial stability and local currency bond markets pdf
... comprehensive and standardised information on local currency bond markets in Asia (www.asianbondsonline.com) CGFS – Financial stability and local currency bond markets 15 Box B5 The IFIs and local ... to issue bonds in EME currencies rather than in dollars This chapter concludes with a brief overview of such policies Macroeconomic policies, inflation and bond markets Today’s emerging markets ... Macroeconomic policies, inflation and bond markets Microeconomic policies 10 Government debt issuance policies .10 Asian Bond Fund and other initiatives ...
Ngày tải lên: 22/03/2014, 20:20
Trading Strategies for the Global Stock, Bond, Commodity, and Currency Markets_3 doc
... between the dollar and bonds and stocks A falling dollar becomes bearish for bonds and stocks when commodity prices start to rise Conversely, a rising dollar becomes bullish for bonds and stocks when ... IS BULLISH FOR BONDS WHEN COMMODITY PRICES ARE FALLING THE INFLATIONARY OR NONINFLATIONARY IMPACT OF THE DOLLAR ON BONDS SHOULD BE FACTORED THROUGH THE COMMODITY MARKETS bond (and stock) market ... movements in the bond market The bond market is influenced by inflation expectations, which are demonstrated by the trend of the commodity markets The inflationary impact of the commodity markets is...
Ngày tải lên: 20/06/2014, 23:20
Trading Strategies for the Global Stock, Bond, Commodity, and Currency Markets_4 pdf
... with the oil and gold markets and follow those markets regularly However, the CRB Index is often driven more by the grain markets, which are traded in Chicago, than by the gold and oil markets, which ... indication of a lessening in inflation pressure and will in time have a bullish impact on bonds and stocks However, it is possible for gold to drop along with bonds and stocks for a time It's important ... bond yields and the CRB Index Both measures formed a "head and shoulders" bottom in 1986 and 1987 Except for the upward spike in interest rates in the fall of 1987, the peaks and troughs in bond...
Ngày tải lên: 20/06/2014, 23:20
Trading Strategies for the Global Stock, Bond, Commodity, and Currency Markets_5 pptx
... autumn of 1989, fueling inflation fears and a flight from financial stocks to gold and energy shares The very same forces that helped inflation stocks, rising inflation and rising interest rates, ... widely-watched commodity markets as 1989 ended sent inflation jitters around the globe and caused global tightening by central bankers To add to the inflation concerns, the British inflation rate for ... focusing their attention and capital If inflation pressures are building (commodity prices are rising relative to bond prices), emphasis should be placed on inflation stocks If bond prices are strengthening...
Ngày tải lên: 20/06/2014, 23:20
Trading Strategies for the Global Stock, Bond, Commodity, and Currency Markets_6 doc
... autumn of 1989, fueling inflation fears and a flight from financial stocks to gold and energy shares The very same forces that helped inflation stocks, rising inflation and rising interest rates, ... widely-watched commodity markets as 1989 ended sent inflation jitters around the globe and caused global tightening by central bankers To add to the inflation concerns, the British inflation rate for ... focusing their attention and capital If inflation pressures are building (commodity prices are rising relative to bond prices), emphasis should be placed on inflation stocks If bond prices are strengthening...
Ngày tải lên: 20/06/2014, 23:20
Trading Strategies for the Global Stock, Bond, Commodity, and Currency Markets_7 doc
... ensuing rally in oil prices sent inflation jitters through the financial markets (and around the world) and contributed to the selloff in bonds This oil rally hit bonds in another way Japan imports ... pushed Japan's inflation rate sharply higher and caused a collapse in Japanese bond prices As discussed in Chapter 8, downward pressure on global bond markets also pulled U.S bonds lower To the ... IN THE BREAKDOWN IN BONDS THE OIL RALLY CAUSED GLOBAL BOND MARKETS (ESPECIALLY IN JAPAN) TO TUMBLE, WHICH ALSO HELPED PULL U.S BOND PRICES LOWER THE CRB INDEX VERSUS BONDS AND UTILITIES 181 FIGURE...
Ngày tải lên: 20/06/2014, 23:20