Financial market developments

Quarterly Bulletin 1994 Q1
Published on 01 March 1994
  • Bond yields continued to fall in all the major markets during 1993; in the US government bond market, however, this fall was halted in the fourth quarter.
  • Investors sought ways of increasing returns by: m,oving out along the yield curve; investing in higher-yielding debt; and investing in equities.
  • This provided substantial opportunities for financing and refinancing, and record volumes of new issues were raised in many debt and equity markets.
  • Activity in exchange-traded derivatives markets grew rapidly, and financial markets became increasingly interdependent and accessible to international issuers and investors.

PDFFinancial market developments

Other Quarterly Bulletin 1994 Q1 articles

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