The Romanian Municipal Bond Market and the International Financial Crisis
In Romania, the bond market was set up later, comparatively to the equity market. This market is in a development process, but the international financial crisis has affected even the interest of investors in bonds. The secondary municipal bond market is not a very liquid market because these securi...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Romanian Academy
2010-06-01
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| Series: | Revista Romana de Economie |
| Subjects: | |
| Online Access: | http://www.revecon.ro/articles/2010-1/2010-1-6.pdf |