Debt Redenomination and Market Convention in Stage III of EMU
On 30 September 1998, the Monetary Committee of the European Union established an ad-hoc working party on the technical issues relating to the implications of Stage 3 of EMU for the European Bonds and Bills markets. The group is chaired by Mr Brouhns, General Secretary of the Finance Ministry of Belgium. It is composed with the debt managers of the fifteen EU Member States and representatives from the European Commission and from the EMI/ECB. The group provided strong stimuli to Member STates for their preparation of bills and bonds markets in Stage 3 of EMU.
Year of publication: |
1998
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Institutions: | Directorate-General Economic and Financial Affairs, European Commission ; Monetary Committee |
Subject: | MONETARY AREAS | ECONOMIC INTEGRATION | EUROPE | DEBT |
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