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OverviewNonequity financial markets used to be hidden in Europe,in the sense that they traditionally received less attention from ordinary investors and the media than equity markets, relative to their size. This phenomenon was accentuated by the fact that the EU's Financial Services Action Plan was primarily geared toward equity markets. Given the crucial role played by bond markets in the economy through the capital allocation process, monetary policy decisions, and the hedging of risk, this study attempts to demystify bond markets and clarify a general misapprehension among investors and regulators about how these overwhelmingly wholesale, off-exchange markets operate. The book assesses regulatory measures taken at the EU level that will impact European bond markets and it examines the desirability, utility, and feasibility of certain policy measures. The book comes at a critical time--prior to the Commission's upcoming mandated review of the transparency requirements specified in the Markets in Financial Instruments Directive (MiFID) and their possible applicability to nonequity markets. Full Product DetailsAuthor: Jean-Pierre Casey , Karel LannooPublisher: Centre for European Policy Studies Imprint: Centre for European Policy Studies Dimensions: Width: 17.10cm , Height: 0.90cm , Length: 24.10cm Weight: 0.018kg ISBN: 9789290795964ISBN 10: 9290795964 Pages: 135 Publication Date: 30 August 2006 Audience: Professional and scholarly , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: Out of stock The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available. Table of ContentsReviewsAuthor InformationJean-Pierre Casey is a research fellow at CEPS and head of Research at European Capital Markets Institute (ECMI). Karel Lannoo is the chief executive of the Centre for European Policy Studies and a specialist in financial markets. Tab Content 6Author Website:Countries AvailableAll regions |