Republic of Poland : selected issues.
This Selected Issues paper considers the case of Poland to analyze global financial spillovers to emerging market (EM) sovereign bond markets. Foreign holdings of Polish government bonds have increased substantially over the last decade. Although foreign participation in local-currency sovereign bon...
Clasificación: | Libro Electrónico |
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Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2014.
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Colección: | IMF country report ;
no. 14/174. |
Temas: | |
Acceso en línea: | Texto completo |
Sumario: | This Selected Issues paper considers the case of Poland to analyze global financial spillovers to emerging market (EM) sovereign bond markets. Foreign holdings of Polish government bonds have increased substantially over the last decade. Although foreign participation in local-currency sovereign bond markets provides an additional source of financing and reduces sovereign yields, it has also given rise to concerns about increased sensitivity to shifts in market sentiment. The analysis in this paper suggests that foreign participation plays an important role in transmitting global financial sho. |
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Descripción Física: | 1 online resource (103 pages) : illustrations (some color), charts, graphs, tables |
Bibliografía: | Includes bibliographical references. |
ISBN: | 1498374433 9781498374439 1498339271 9781498339278 1498368255 9781498368254 |