Local Currency Debt Markets in the West African Economic and Monetary Union /

The paper reviews trends and developments in the rapidly growing local currency debt markets in the WAEMU. The main findings are that common institutions, such as a regional central bank and securities exchange have led to high cross-border transactions within the union. However, excess liquidity in...

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Bibliographic Details
Main Author: Sy, Amadou
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Working Papers; Working Paper ; No. 2007/256
Online Access:Full text available on IMF