Bonds In The Contemporary Economy

Due to its essence, bonds are more and more often used recently. It causes that bonds market has more importance in contemporary economy. Therefore, this paper focuses on the issue of bonds from the perspective of the international bond market. This article is an attempt of synthetic characteristics...

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Bibliographic Details
Published inIDEAS Working Paper Series from RePEc
Main Author Pawlowski, Jaroslaw
Format Paper
LanguageEnglish
Published St. Louis Federal Reserve Bank of St. Louis 01.01.2013
Subjects
Bond markets
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Summary:Due to its essence, bonds are more and more often used recently. It causes that bonds market has more importance in contemporary economy. Therefore, this paper focuses on the issue of bonds from the perspective of the international bond market. This article is an attempt of synthetic characteristics of bonds, analysis of size and structure of international bond market and some conclusions. The analysis was based on data contained in reports of Bank for International Setlements. To accomplish this objective were used: a descriptive method, a comparative method, an analysis literature method and case studies.