Benchmark-Driven Investments in Emerging Market Bond Markets : Taking Stock /

This paper reviews the role of benchmark-driven investments in EM local bond markets. We provide an overview of how key EM bond benchmark indices are constructed, how they affect the behavior of investment funds, and what are the likely implications for capital flows and policy-making. Several metho...

Полное описание

Библиографические подробности
Главный автор: Arslanalp, Serkan
Другие авторы: Drakopoulos, Dimitris, Goel, Rohit, Koepke, Robin
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2020.
Серии:IMF Working Papers; Working Paper ; No. 2020/192
Online-ссылка:Full text available on IMF