A Descriptive Analysis of the Finnish Treasury Bond Market 1991-1999

A Descriptive Analysis of the Finnish Treasury Bond Market 1991-1999
Author: Matti Keloharju
Publisher:
Total Pages: 30
Release: 2013
Genre:
ISBN:

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This paper presents a descriptive analysis of the primary and secondary market for Finnish treasury bonds. The paper focuses on three issues. First, we report basic descriptive statistics such as auction volumes and secondary market yields and volumes. Second, we estimate the revenues earned by primary dealers from the treasury bond market. Third, we analyse the development of the price of the auctioned bonds, relative to other benchmark bonds, around the time of the auction. We find evidence of a price decrease in the auctioned bond series before the auction and a price increase after the auction. This pattern is strongest for 1992-1994 when Treasury funding needs were heavy and secondary market trading volume of treasury bonds was modest.

Bulletin

Bulletin
Author:
Publisher:
Total Pages: 300
Release: 2002
Genre: Banks and banking
ISBN:

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The Price of Liquidity

The Price of Liquidity
Author: Falko Fecht
Publisher:
Total Pages: 0
Release: 2008
Genre:
ISBN: 9783865584809

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International Financial Statistics

International Financial Statistics
Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
Total Pages: 188
Release: 2003-08-29
Genre: Business & Economics
ISBN: 1455217581

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The IMF’s principal statistical publication, International Financial Statistics (IFS) Online, is the standard source of international statistics on all aspects of international and domestic finance. For most countries, IFS Online reports data on balance of payments, international investment position, international liquidity, monetary and financial statistics, exchange rates, interest rates, prices, production, government accounts, national accounts, and population. Updated monthly.