CURRENT MARKET OF GOVERNMENT BONDS IN ROMANIA: KEY ISSUES

BUNESCU Liliana, Lucian Blaga University of Sibiu

Abstract:
The aim of this paper is to analyse the evaluation of the level of development of government bonds market in Romania, current features and tendencies. The analysis refers to basic elements describing the bonds market such as: issuance value, issuer, bonds type, maturity, interest rate, issuance currency, yield, liquidity etc. The Romanian government is favoring a net financing in local currency to facilitate the development of the domestic securities market and to help mitigate foreign currency exposure. The presence in the international capital markets is maintained through issuances of Eurobonds.

Keywords: state bonds, bonds yield, T-bills, T-bonds, government bonds, bonds market

JEL Classification: G10, G12, G15

Volume: 68, Issue: 3

Pages: 8 - 23

Publication date: December, 2016

Download the article: http://economice.ulbsibiu.ro/revista.economica/archive/68301bunescu.pdf

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