(Washington, DC, 2001-07)
World Bank; International Monetory Fund
This handbook is designed as a reference
source for two distinct user groups involved in the
development of government bonds markets: 1) senior
government officials responsible for developing the
government bond market; and 2) individuals responsible for
guiding the market development process at the operational
level, and who have a substantial need to understand the
policy issues involved. The handbook is structured as
follows: Chapter 1 provides an overview of certain policy
considerations relevant to developing a government bond
market. This overview considers key issues, but at a level
of generality appropriate for senior govenrment offcials
responsible for making key strategic decisions. The
remaining eleven chapters present more detailed discussions
of key policy issues, including substantive considerations
relating to implementation. The handbook's primary
emphasis, however, focuses on the policy dimension of
developing medium-and long-term bond markets. It is not
intended as a technical manual for use by individuals
engaged in day-to-day implementation or operations. The
handbook also provides bibliographic and website references
for those interested in pursuing further issues covered. A
comprehensive glossary of terms related to securities
markets appears at the end of the handbook.