Showing 1 - 10 of 2,649
developments of mortgage-covered bond (Pfandbrief) and mortgage securitization markets in Germany, and explores future prospects …
Persistent link: https://www.econbiz.de/10011243446
This work describes the legal structuring of a mortgage covered bond in accordance with the regulations of paragraphs … rights of the bond holders according to the regulations of the German Statue Governing Common Rights of Owners of Debt … Securities (Schuldverschreibungsgesetz). Furthermore, the work describes how the bond creditors shall have preferences of the …
Persistent link: https://www.econbiz.de/10005026984
India’s financial system compares favorably internationally, but rising credit risk and liquidity pressures are putting it under strain. The staff report for India’s 2008 Article IV Consultation discusses economic developments and policies. The authorities have already taken...
Persistent link: https://www.econbiz.de/10011244299
This paper presents empirical evidence on the effects of achieving investment grade on borrowing costs for the sovereign and the private sector. This study provides background information on sovereign credit ratings and compares Panama’s key macroeconomic and institutional characteristics...
Persistent link: https://www.econbiz.de/10011245188
The Latin America and Caribbean (LAC) region has weathered the global financial crisis reasonably well so far, although tighter global financial conditions began to take their toll on trade, capital flows and economic growth in late 2008. This resilience reflects the reforms put in place by many...
Persistent link: https://www.econbiz.de/10011245864
Emerging European countries have made large strides in developing their local capital markets since the early-1990s. However, the rate of development has been widely disparate across countries and market segments, underpinned by the varying degrees of progress made in key areas such as...
Persistent link: https://www.econbiz.de/10005264095
The objective of this paper is to discuss the key issues relating to the development of local corporate bond markets …. We examine the requirements for local corporate bond market development, and compare and contrast experiences across both …
Persistent link: https://www.econbiz.de/10005264116
currency bond issuance by multilateral financial institutions; and (iv) build the capacity of the existing regional …
Persistent link: https://www.econbiz.de/10009650621
This paper studies the spillover effects both within the bond markets for individual U.S. states and between the latter … and the market for U.S. Treasury securities. We perform the Forbes and Rigobon (2002) spillover test using daily bond … find that the Treasury bond market directly causes changes in the markets for municipal bonds in both the short and long …
Persistent link: https://www.econbiz.de/10009401195
Persistent link: https://www.econbiz.de/10005824821