The Microstructure of Government Securities Markets [electronic resource] / Peter Dattels.

By: Dattels, PeterMaterial type: TextTextSeries: IMF Working Papers; Working Paper ; No. 95/117Publication details: Washington, D.C. : International Monetary Fund, 1995Description: 1 online resource (90 p.)ISBN: 145185398X :ISSN: 1018-5941Subject(s): Central Bank | Government Securities Markets | Government Securities | Stock Exchange | France | India | Italy | United KingdomAdditional physical formats: Print Version:: The Microstructure of Government Securities MarketsOnline resources: IMF e-Library | IMF Book Store Abstract: This paper applies the "market microstructure" literature to the specific features of government securities markets and draws implications for the strategy to develop government securities markets. It argues for an active role of the authorities in fostering the development of efficient market structures.
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This paper applies the "market microstructure" literature to the specific features of government securities markets and draws implications for the strategy to develop government securities markets. It argues for an active role of the authorities in fostering the development of efficient market structures.

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