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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Autor principal: Sobolev, Yuri
Altres autors: Abbas, S. M. Ali
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2008.
Col·lecció:IMF Working Papers; Working Paper ; No. 2008/081
Accés en línia:Full text available on IMF