Ananthakrishnan Prasad - Euromoney Conferences
Ananthakrishnan Prasad - Euromoney Conferences
Ananthakrishnan Prasad - Euromoney Conferences
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Finally, developing local debt<br />
market brings important benefits<br />
Government securities market is needed to:<br />
establish a benchmark yield curve<br />
create new financial products<br />
enhance monetary transmission and liquidity<br />
management<br />
help banks fulfill Basel III liquidity requirements<br />
Government/central bank should take the lead to in<br />
developing the legal, institutional and regulatory<br />
infrastructure.