| Description |
1 online resource (22 pages). |
|
data file |
|
Bibliography |
| Series |
IMF working paper ; WP/12/249
|
|
IMF working paper ; WP/12/249.
|
| Note |
Title from PDF title page (IMF Web site, viewed Oct. 25, 2012). |
| Summary |
The West African Economic and Monetary Union (WAEMU) regional securities market saw increasing activity in the last decade, but still fell short of supplying sufficient long-term financing for growth-enhancing public and private investment projects. In addition to providing an institutional background, this paper studies recent developments and the determinants of interest rates on the market--using yield curve and principal component analyses. It also identifies challenges and prospective reforms that could help the region reap the full benefits of a more dynamic securities market and assesses the potential systemic risk the market may pose for the region's banking system. |
| Bibliography |
Includes bibliographical references. |
| Note |
"African Department." |
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"October 2012." |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Subject |
Securities -- Africa, West.
|
|
Securities. |
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West Africa. |
| Genre/Form |
Electronic books.
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| Added Author |
Boutin-Dufresne, François, 1976-
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International Monetary Fund. African Department.
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| ISBN |
1475515707 (electronic book) |
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9781475515701 (electronic book) |
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