Polish Fixed-income Securities Market : Recent Developments and Selected Policy Challenges

This Book Analyzes The Recent Evolution Of The Polish Fixed Income Securities Market Including The Money Market, The Government Bond Market, And The Non-government Bond Market, Focusing In Particular On The Sub-national Bond Market. The Book Examines Key Policy Challenges Facing The Development Of The Sector, Including Policies To Stimulate The Development Of The Classic Repo Market, Increase The Reliability Of The Government Bond Yield Curve, Stimulate The Overall Development Of The Non-government Bond Market, And Reform The Legal And Regulatory Framework For Local Government Borrowing.--book Jacket. 1. Background -- 2. Recent Market Developments -- 3. Selected Policy Challenges Ahead -- App. A. Development Of The Fixed-income Securities Market, 2001-04 -- App. B. The Repo Market : Legal And Regulatory Framework And Infrastructure For Clearing And Collateral Management -- App. C. Secondary Market And Intermediaries -- App. D. Custody And Settlement -- Custody, Payments, And Dvp -- App. E. Pooling/enhancing Municipal Corporations And/or Municipal Bonds : A Spv Structure. Michel Noel... [et Al.]. Includes Bibliographical References (p. 55).