Domestic bond markets in Latin America: achievements and challenges

Domestic bond markets in Latin America have expanded significantly over the past few years. This development should help reduce the region's historical dependence on external financing. Although much progress has been made, vulnerabilities associated with refinancing risk remain and secondary markets still suffer from low liquidity.

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Year of publication:	2006
Authors:	Jeanneau, Serge ; Tovar, Camilo E
Published in:	BIS Quarterly Review. - Bank for International Settlements (BIS). - 2006, June
Publisher:	Bank for International Settlements (BIS)

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Extent:	application/pdf text/html
Type of publication:	Article
Classification:	E44 - Financial Markets and the Macroeconomy ; F34 - International Lending and Debt Problems ; G15 - International Financial Markets ; G18 - Government Policy and Regulation ; H63 - Debt; Debt Management ; O16 - Financial Markets; Saving and Capital Investment
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005063285