Title: Sailing in Calmer Waters: The Prospects for Domestic Bond Markets in Latin America
Abstract: Latin American domestic bond markets have developed rapidly in the past few years. Yield curves have been extended, issuance has shifted towards long-term, fixed-rate bonds, and non-resident participation has increased. Several factors have contributed to this process: Pension reform, increased macroeconomic stability, higher government issuance due to banking sector bail-outs and a favourable external environment.
Publication Year: 2006
Publication Date: 2006-01-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 3
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