Author: Daniel Heller
Publisher:
ISBN:
Category : Auctions
Languages : en
Pages : 24
Book Description
The Auctions of Swiss Government Bonds
Author: Daniel Heller
Publisher:
ISBN:
Category : Auctions
Languages : en
Pages : 24
Book Description
Publisher:
ISBN:
Category : Auctions
Languages : en
Pages : 24
Book Description
Structural Reforms in Government Bond Markets
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451853076
Category : Business & Economics
Languages : en
Pages : 32
Book Description
The paper documents institutional reforms that have taken place in the government debt markets of many industrial countries since the early 1980s, and investigates the impact of three key changes: (i) the move from relationship financing to market funding; (ii) the introduction of options; and (iii) the introduction of futures. Variance ratio tests on bond data for 14 industrial countries indicate that the move to market funding increased the volatility of bond yields and improved the informational efficiency of the secondary markets. The introduction of options and futures increased the informational efficiency of the underlying market, but did not have a stabilizing effect.
Publisher: International Monetary Fund
ISBN: 1451853076
Category : Business & Economics
Languages : en
Pages : 32
Book Description
The paper documents institutional reforms that have taken place in the government debt markets of many industrial countries since the early 1980s, and investigates the impact of three key changes: (i) the move from relationship financing to market funding; (ii) the introduction of options; and (iii) the introduction of futures. Variance ratio tests on bond data for 14 industrial countries indicate that the move to market funding increased the volatility of bond yields and improved the informational efficiency of the secondary markets. The introduction of options and futures increased the informational efficiency of the underlying market, but did not have a stabilizing effect.
European Fixed Income Markets
Author: Jonathan A. Batten
Publisher: John Wiley & Sons
ISBN: 0470092874
Category : Business & Economics
Languages : en
Pages : 504
Book Description
The introduction of the euro in 1999 cast a new focus on the financial markets of constituent euro-zone countries, which have subsequently emerged with the second largest bond market in the world. This new book offers in depth insights and advice for any practitioner in the European fixed-income and ancillary derivative markets, and includes in-depth analysis of euro and non-euro markets as well as emerging countries.
Publisher: John Wiley & Sons
ISBN: 0470092874
Category : Business & Economics
Languages : en
Pages : 504
Book Description
The introduction of the euro in 1999 cast a new focus on the financial markets of constituent euro-zone countries, which have subsequently emerged with the second largest bond market in the world. This new book offers in depth insights and advice for any practitioner in the European fixed-income and ancillary derivative markets, and includes in-depth analysis of euro and non-euro markets as well as emerging countries.
Auctions
Author: Paul Klemperer
Publisher: Princeton University Press
ISBN: 0691186294
Category : Business & Economics
Languages : en
Pages : 263
Book Description
Governments use them to sell everything from oilfields to pollution permits, and to privatize companies; consumers rely on them to buy baseball tickets and hotel rooms, and economic theorists employ them to explain booms and busts. Auctions make up many of the world's most important markets; and this book describes how auction theory has also become an invaluable tool for understanding economics. Auctions: Theory and Practice provides a non-technical introduction to auction theory, and emphasises its practical application. Although there are many extremely successful auction markets, there have also been some notable fiascos, and Klemperer provides many examples. He discusses the successes and failures of the one-hundred-billion dollar "third-generation" mobile-phone license auctions; he, jointly with Ken Binmore, designed the first of these. Klemperer also demonstrates the surprising power of auction theory to explain seemingly unconnected issues such as the intensity of different forms of industrial competition, the costs of litigation, and even stock trading 'frenzies' and financial crashes. Engagingly written, the book makes the subject exciting not only to economics students but to anyone interested in auctions and their role in economics.
Publisher: Princeton University Press
ISBN: 0691186294
Category : Business & Economics
Languages : en
Pages : 263
Book Description
Governments use them to sell everything from oilfields to pollution permits, and to privatize companies; consumers rely on them to buy baseball tickets and hotel rooms, and economic theorists employ them to explain booms and busts. Auctions make up many of the world's most important markets; and this book describes how auction theory has also become an invaluable tool for understanding economics. Auctions: Theory and Practice provides a non-technical introduction to auction theory, and emphasises its practical application. Although there are many extremely successful auction markets, there have also been some notable fiascos, and Klemperer provides many examples. He discusses the successes and failures of the one-hundred-billion dollar "third-generation" mobile-phone license auctions; he, jointly with Ken Binmore, designed the first of these. Klemperer also demonstrates the surprising power of auction theory to explain seemingly unconnected issues such as the intensity of different forms of industrial competition, the costs of litigation, and even stock trading 'frenzies' and financial crashes. Engagingly written, the book makes the subject exciting not only to economics students but to anyone interested in auctions and their role in economics.
Bond Market Development in Asia
Author: OECD
Publisher: OECD Publishing
ISBN: 9264192220
Category :
Languages : en
Pages : 452
Book Description
This conference proceedings of the second "Round Table on Capital Market Reforms in Asia" held in Tokyo in April 2000, which was organised by the OECD and the Asian Development Bank Institute (ADBI), focused on bond market development in Asia.
Publisher: OECD Publishing
ISBN: 9264192220
Category :
Languages : en
Pages : 452
Book Description
This conference proceedings of the second "Round Table on Capital Market Reforms in Asia" held in Tokyo in April 2000, which was organised by the OECD and the Asian Development Bank Institute (ADBI), focused on bond market development in Asia.
The Treasury-Federal Reserve-SEC Report on Improper Activities in the Government Securities Market
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Securities
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 384
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 384
Book Description
Swiss Finance
Author: Henri B. Meier
Publisher: Springer Nature
ISBN: 3031231945
Category : Business & Economics
Languages : en
Pages : 639
Book Description
How could a small country in the middle of Europe, surrounded by much bigger countries and economic giants like Germany and France and in direct competition with North American and Asian rivals, develop world-class, cutting-edge financial markets? Swiss Finance answers this question, separating myth from reality, by explaining how Switzerland managed dramatic pressures brought to bear on its financial markets during the past two decades, perhaps none of them so great as the: · Competitive challenges caused by changes in Switzerland's banking secrecy laws and practices, · Shifting tide of new wealth generation toward Asia (e.g., China, Singapore, and South Korea), · Burdensome federal stamp and withholding taxes, and · Digitalization of the financial services industry, including cybersecurity, cryptocurrencies, smart contracts, central bank digital currencies, the FinTech revolution, and DLT applications. Swiss Finance thoroughly analyzes Swiss financial markets’ successes and challenges. It covers critical topics for practitioners and academics to fully understand this unique development in world financial markets and private wealth administration.
Publisher: Springer Nature
ISBN: 3031231945
Category : Business & Economics
Languages : en
Pages : 639
Book Description
How could a small country in the middle of Europe, surrounded by much bigger countries and economic giants like Germany and France and in direct competition with North American and Asian rivals, develop world-class, cutting-edge financial markets? Swiss Finance answers this question, separating myth from reality, by explaining how Switzerland managed dramatic pressures brought to bear on its financial markets during the past two decades, perhaps none of them so great as the: · Competitive challenges caused by changes in Switzerland's banking secrecy laws and practices, · Shifting tide of new wealth generation toward Asia (e.g., China, Singapore, and South Korea), · Burdensome federal stamp and withholding taxes, and · Digitalization of the financial services industry, including cybersecurity, cryptocurrencies, smart contracts, central bank digital currencies, the FinTech revolution, and DLT applications. Swiss Finance thoroughly analyzes Swiss financial markets’ successes and challenges. It covers critical topics for practitioners and academics to fully understand this unique development in world financial markets and private wealth administration.
OECD Sovereign Borrowing Outlook 2017
Author: OECD
Publisher: OECD Publishing
ISBN: 9264271279
Category :
Languages : en
Pages : 152
Book Description
The OECD Sovereign Borrowing Outlook provides regular updates on trends and developments associated with sovereign borrowing requirements, funding strategies, market infrastructure and debt levels from the perspective of public debt managers.
Publisher: OECD Publishing
ISBN: 9264271279
Category :
Languages : en
Pages : 152
Book Description
The OECD Sovereign Borrowing Outlook provides regular updates on trends and developments associated with sovereign borrowing requirements, funding strategies, market infrastructure and debt levels from the perspective of public debt managers.
Government Debt Management: Debt instruments and selling techniques
Author: Organisation for Economic Co-operation and Development. Group of Experts on Government Debt Management
Publisher:
ISBN:
Category : Bonds
Languages : en
Pages : 140
Book Description
Publisher:
ISBN:
Category : Bonds
Languages : en
Pages : 140
Book Description
Designing Financial Systems in East Asia and Japan
Author: Joseph P. H. Fan
Publisher: Psychology Press
ISBN: 9780415322546
Category : Business & Economics
Languages : en
Pages : 424
Book Description
This collection discusses the role of financial institutions and markets in East Asian and Japan, corporate governance and new technology and how to redesign the East Asian and Japanese financial systems.
Publisher: Psychology Press
ISBN: 9780415322546
Category : Business & Economics
Languages : en
Pages : 424
Book Description
This collection discusses the role of financial institutions and markets in East Asian and Japan, corporate governance and new technology and how to redesign the East Asian and Japanese financial systems.