This paper studies the effect of government issuance on firm issuance during banking crises using transaction-level bond and loan data from 66 countries between 1991 and 2017. Governments rarely issue...
This paper presents evidence of inelastic demand in the market for risky sovereign bonds and examines its interplay with government policies. The methodology combines bond-level evidence with a structural...
The aim of this draft background note is to provide public debt managers with an overview of the matters that need to be considered by debt management offices (DMOs) planning to provide a securities lending...
This background note focuses on the use of bond buybacks and bond exchanges in the domestic government securities market. The objective is to provide an overview of their functions and of the procedures...
This background note is intended to assist debt management offices (DMOs) in assessing whether a bond placement scheme combining auctions and syndications is an appropriate strategy in their markets and...
Some of the headings included in this issue of the Development Economics Prospects Group (DECPG) global daily economic news are as follows: high income economies; and developing economies in East Asia...
The explosive growth of green bonds in the capital markets is increasingly attracting attention from investors. This surge in interest has created a demand for accessible information on the green bond...
The explosive growth of green bonds in the capital markets is increasingly attracting attention from investors. This surge in interest has created a demand for accessible information on the green bond...
The explosive growth of green bonds in the capital markets is increasingly attracting attention from investors. This surge in interest has created a demand for accessible information on the green bond...
Some of the headings included in this issue of the Development Economics Prospects Group (DECPG) daily economics and financial market commentary newsletter are as follows: France and Spain successfully...
The book analyzes the success of Brazil's public debt management practices. Over the past 10 years, Brazil has strengthened these practices so impressively that in early 2008, with the threat of a strong...
In contrast to some recent research, this paper finds that institutional and macroeconomic factors are related to the depth and currency composition of government bond markets. Using panel data for developed...
The development of government bond markets and, in particular, their currency composition have recently received much interest, partly because of their relation with financial crises. The authors study...
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...
This transcript records the proceeds from the session of the Executive Directors of the International Bank on Reconstruction and Development and the International Development Association held on March...
This transcript, from the session of the Executive Directors of the International Bank on Reconstruction and Development held on Tuesday, Feburary 23, 1965 covers only the discussion on German bond issue...
This transcript, from the session of the Executive Directors of the International Bank on Reconstruction and Development held on Tuesday, March 30, 1965, covers discussion on German bond issue.
This transcript records the proceedings of the regular meeting of the Executive Directors of the Bank, held on March 9, 1965 presided by George D. Woods, President. It records the proposal and the resolution...
This partial transcript, from the session of the Executive Directors of the International Bank on Reconstruction and Development held on Tuesday, Feburary 23, 1965 covers only the discussion on Bond issue...