English, Article, Journal or magazine article edition: Proposal to the Bank of Greece on the Organization of Primary and Secondary Markets in Greek State Bills, Notes, and Bonds Nicholas Economides.

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/69292
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Proposal to the Bank of Greece on the Organization of Primary and Secondary Markets in Greek State Bills, Notes, and Bonds
Author
  • Nicholas Economides.
Physical Description
  • preprint
Notes
  • The Bank of Greece is advised to open a secondary market in Greek State bills, notes, and bonds. Such a market should be run by the Bank of Greece as an open electronic call market. The Bank is also advised to run the primary market for Greek State bills, notes and bonds as an ascending open-outcry single-price auction. For that purpose, the Bank of Greece is advised to create a new Division to run the primary and secondary markets. Both markets should be run by the same automated system which should also do the clearing process and run the depository of titles of bonds at the Bank of Greece. There are a number of benefits of the primary and secondary market when organized in the manner described in this proposal. They include the strengthening of public confidence in the obligations of the Greek State, the reduction of short term interest rates, additional ability of government policy to influence the short term interest rates through open market operations, the ability of the Greece State to borrow in longer durations and lower interest rates, and the general strengthening and widening of capital and other financial markets in Greece.
  • RePEc:wop:ennefn:_005
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment