Fixed Income Markets and Securities

Abstract

This document shows the excessive dependence of various economies in their respective national banking systems as a source of financing. In many cases, the domestic bond market, generally underdevelopment, both in breadth and depth, compared with the banking system and equity market. In light of the experiences of the crisis, many authors and studies have made significant development of the domestic bond market as an alternative source of financing. For emerging economies, have a healthy financial system, a stock market or bond is beneficial because it provides essential services quality, serving as levers to boost funding.