This handbook is designed as a reference source for two distinct user groups involved in the development of government bonds markets: 1) senior government officials responsible for developing the government bond market; and 2) individuals responsible for guiding the market development process at...

The financing needs of emerging markets are enormous. Sectors such as infrastructure, small business, and housing are vital to a nation’s sustainable development and require substantial financing support. Since these sectors primarily generate revenues in local currency, foreign currency...

Using a panel of international government bond data, I construct fixed income portfolios that match the duration of the dividend strips of the corresponding local aggregate stock market index. I find that these bond portfolios have performed as well as -- if not better than -- their stock...