- Additional Authors
- Found In
- OECD Journal: Financial Market Trends Vol. 2010, no. 1, p. 143-169 1995-2872
- Description
- 27 p.
- Summary
- Discussions at the 11th OECD-WBG-IMF Global Bond Market Forum focused on four key areas: i) the impact of crisis-related measures and the potential implications of exit; ii) the measurement of sovereign risk; iii) the determinants of investor demand; and iv) debt managers' response to the crisis. Overall, participants felt that the steps taken to stabilise financial conditions had generally been effective and that conditions in financial markets were normalising. However, discussions highlighted a number of ongoing risks including: i) while credible consolidation plans were needed, fiscal and monetary policy would be tightened too soon; ii) managing investor uncertainty would prove critical in managing risk in the near-term; and (iii) regulatory changes might lead to a deterioration in conditions in primary and secondary markets and otherwise aggravate the challenges facing debt managers. JEL Classification: G15, G18, G20, G24, G32, G38, H62, H68 Keywords: Outlook on public deficits and government debt, crisis and debt management policies, government debt market, measurement of sovereign risk, investor demand, exit strategy
- Subject
- Finance and Investment
- LCCN
- 10.1787/fmt-2010-5km7k9tp0tf3
- OCLC
- oecd-lib-001189
- Title
Debt Markets [electronic resource]: Policy Challenges in the Post-Crisis Landscape / Hans J. Blommestein ... [et al]
- Imprint
Paris : OECD Publishing, 2010.
- Connect to:
- Indexed Term
Finance and Investment
- Added Author
Blommestein, Hans J.
Guzzo, Vincenzo.
Holland, Allison.
Mu, Yibin.
- Found In:
OECD Journal: Financial Market Trends Vol. 2010, no. 1, p. 143-169 2010:1<143 1995-2872
- Other Standard Identifier
10.1787/fmt-2010-5km7k9tp0tf3 doi