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Impact of Bond Market Development on the Growth of the Nigerian Economy

Author

Listed:
  • Oke Michael O.

    (Department of Finance, Faculty of Management Sciences, Ekiti State University, Ado-Ekiti, Nigeria)

  • Dada Oluwabunmi

    (Department of Finance, Faculty of Management Sciences, Ekiti State University, Ado-Ekiti, Nigeria)

  • Aremo Nelson O.

    (First Bank of Nigeria, Ltd. OBA Adesida Branch, Akure)

Abstract

Research background: The traditional function ascribed to a modern financial institution is to mobilize resources among the two units (surplus and deficit) of the economy. This can be achieved when financial institutions wake up to this responsibility and act as the pillar upon which other institutions can rely on.

Suggested Citation

  • Oke Michael O. & Dada Oluwabunmi & Aremo Nelson O., 2021. "Impact of Bond Market Development on the Growth of the Nigerian Economy," Folia Oeconomica Stetinensia, Sciendo, vol. 21(1), pages 60-75, June.
    • Handle: RePEc:vrs:foeste:v:21:y:2021:i:1:p:60-75:n:5
    DOI: 10.2478/foli-2021-0005
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    bond market development; economic growth; corporate bond; value of bond traded; government bond; bond yield;
    All these keywords.

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation

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