High and Volatile Treasury Yields in Tanzania : The Role of Strategic Bidding and Auction Microstructure /

The observed increase in the level and volatility of Tanzania's Treasury yields in recent years against an otherwise benign macroeconomic backdrop presented a puzzle for policymakers, while raising concerns about the fiscal burden of rising debt interest payments and diversion of bank credit aw...

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Bibliographic Details
Main Author: Sobolev, Yuri
Other Authors: Abbas, S. M. Ali
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Working Papers; Working Paper ; No. 2008/081
Online Access:Full text available on IMF