Structural Reforms in Government Bond Markets.
The paper documents institutional reforms that have taken place in the government debt markets of many industrial countries since the early 1980s, and investigates the impact of three key changes: (i) the move from relationship financing to market funding; (ii) the introduction of options; and (iii)...
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Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
1998.
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Serie: | IMF Working Papers; Working Paper ;
No. 1998/108 |
Accesso online: | Full text available on IMF |