High and Volatile Treasury Yields in Tanzania : The Role of Strategic Bidding and Auction Microstructure /

The observed increase in the level and volatility of Tanzania's Treasury yields in recent years against an otherwise benign macroeconomic backdrop presented a puzzle for policymakers, while raising concerns about the fiscal burden of rising debt interest payments and diversion of bank credit aw...

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Hlavní autor: Sobolev, Yuri
Další autoři: Abbas, S. M. Ali
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2008.
Edice:IMF Working Papers; Working Paper ; No. 2008/081
On-line přístup:Full text available on IMF