Analytical Notes

Guidance Note For Developing Government Local Currency Bond Markets

Publication Date:

March 12, 2021

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This guidance note was prepared by International Monetary Fund (IMF) and World Bank Group staff under a project undertaken with the support of grants from the Financial Sector Reform and Strengthening Initiative, (FIRST).The aim of the project was to deliver a report that provides emerging market and developing economies with guidance and a roadmap in developing their local currency bond markets (LCBMs). This note will also inform technical assistance missions in advising authorities on the formulation of policies to deepen LCBMs.

Series:

Analytical Notes No 2021/001

Subject:

Bonds Financial institutions Financial markets Financial services Government debt management Government securities Public financial management (PFM) Securities Securities markets Yield curve

Frequency:

occasional