PROŠIRIVANJE I PRODUBLJIVANJE TRŽIŠTA OBVEZNICA U NASTAJANJU S CILJEM DALJEG RAZVOJA I POVEĆANJA NJIHOVE STABILNOSTI
Along with the implementation of activities aimed at further development of emerging bond markets, it is also necessary to intensively work in order to increase their stability and liquidity. Determinants of emerging bond market stability are macroeconomic and political (in)stability, (in)stability of the financial system, and the width and depth of the debt market. Therefore, by influencing on the partial determinants of, among others, the width and depth of the debt market, level of development of market participants base and the integrity and level of development of market infrastructure and market regulation, stability of emerging bond markets may be increased.
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