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Reducing financial vulnerability: the development of the domestic government bond market in Mexico

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Author Info
Serge Jeanneau
Carlos Perez Verdia
Abstract

There is broad evidence that various initiatives undertaken by the Mexican government have been successful in helping to develop the domestic government bond market. The market has grown rapidly, its maturity structure has lengthened and secondary market liquidity has improved. Primary market auctions have also become more efficient. Notwithstanding these significant advances, some vulnerabilities remain.

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Publisher Info
Article provided by Bank for International Settlements in its journal BIS Quarterly Review.

Volume (Year): (2005)
Issue (Month): (December)
Pages:
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Handle: RePEc:bis:bisqtr:0512h

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Find related papers by JEL classification:
E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management
O16 - Economic Development, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment

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This page was last updated on 2008-4-29.


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