|Date:||November 15, 2013|
|Length:||12 / 3483|
|No of views:||0|
|Essay rating:||good 0, average 0, bad 0 (total score: 0)|
bond market debt was $25.2 trillion. The bond markets of developed countries not only had a large share of the global bond market, but also large economies relatively to the emerging or developing countries. The developed countries have outstanding bonds equal in magnitude to the size of their gross domestic product...
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The paper examines the determinants of two measures of local bond market development. The first is the ratio of the size of the local bond market to GDP and the second is the share of a country’s outstanding bonds that are denominated in the local currency.
Risk and Return Characteristics of International Bond Portfolios: This section deals with the various factors which attract foreign participation in the bond markets...
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