Domestic Bond Markets in Latin America: Achievements and Challenges
14 Pages Posted: 7 Jun 2012
Date Written: June 1, 2006
Abstract
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.
JEL Classification: E440, F340, G150, G180, H630, O160
Suggested Citation: Suggested Citation
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