Emerging Market Local Currency Bond Yields and Foreign Holdings in the Post-Lehman Period : a Fortune or Misfortune? /

The paper shows that foreign holdings of local currency government bonds in emerging market countries (EMs) have reduced bond yields but have somewhat increased yield volatility in the post-Lehman period. Econometric analyses conducted from a sample of 12 EMs demonstrate that these results are robus...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Ebeke, Christian
अन्य लेखक: Lu, Yinqiu
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2014.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2014/029
ऑनलाइन पहुंच:Full text available on IMF

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