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Brazil's capital market : current status and issues for further development /
Capital market development in Brazil is a key policy issue going forward to foster savings, investment and absorptive capacity in a context of prospects for sizable capital flows in the medium term. During the last decade, Brazil has achieved substantial progress in capital market development. The m...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2012.
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| Colección: | IMF working paper ;
WP/12/224. |
| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Cover; Contents; I. Introduction; II. Brazil's Capital Markets-Issues and Status; A. Short-Term Maturity and Low Turnover; B. Equity Market; Figures; 1. Variables Related to Short-Term Duration and Low Turnover; 2. Recent Developments in Equity Market; 3. Peer Comparison of Equity Market; 4. Industrial Composition of Stock Exchanges; 5. Investor Composition in IPO and Stock Trading; 6. Foreign Investors' Share in Market Capitalization; C. Government Bond Market; 7. Profile of Government Bonds; 8. Average Maturity of Government Bonds; 9. Investor Base for Fixed Rate Bonds.
- D. Private Bond Market10. Each Investor Group's Preference on Government Bonds (As of April 2012); 11. Private Bond Issuance and Investor Composition; 12. Corporate Financing during the Crisis: Brazil; 13. Corporate Bond Market During the Crisis: Korea and Chile; E. Role of BNDES; 14. Investor Base in Corporate Bond Market: Korea and Chile; 15. Recent Developments in BNDES; III. Key Policy Challenges and Options; A. Issuers' Side: Enhance Supply and Attractiveness of Long-Term Instruments; B. Investors' Side: Boost Potential in Mutual Funds; 16. Peer Comparison of Mutual Fund Industry.
- 17. Changes in Asset Allocation of Mutual Fund IndustryC. Changes in the Role of BNDES; 18. Mutual Fund's Sensitivities to Changes in Interest Rate; IV. Conclusions; 19. BNDES Disbursement by Sectors and Types of Operations; 20. Design of Capital Market Development; References.