Thailand : Financial Sector Assessment Program; Technical Note; Fixed Income Markets.

This technical note focuses on fixed income markets for Thailand. The note recommends that Thailand should begin an orderly transition from merit-based regulation of corporate issuers and institutional investors to a disclosure-based regulatory system that opens the debt market to a larger and more...

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Ente Autore: International Monetary Fund
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2009.
Serie:IMF Staff Country Reports; Country Report ; No. 2009/151
Accesso online:Full text available on IMF
Descrizione
Riassunto:This technical note focuses on fixed income markets for Thailand. The note recommends that Thailand should begin an orderly transition from merit-based regulation of corporate issuers and institutional investors to a disclosure-based regulatory system that opens the debt market to a larger and more diverse pool of corporations. A series of regulatory changes should be considered, including removing the limitations on below investment grade debt offerings, expanding the size of private placement offerings, and reducing the regulatory burdens on issuers of short-term commercial paper.
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Descrizione fisica:1 online resource (43 pages)
Natura:Mode of access: Internet
ISSN:1934-7685
Accesso:Electronic access restricted to authorized BRAC University faculty, staff and students