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Author: | Jones, C. |
Title: | Honing Frankfurt's competitiveness |
Journal: | Banker
1991 : JUNE, VOL. 141:784, p. 11-12, 15 |
Index terms: | GERMANY BONDS FINANCIAL POLICY |
Language: | eng |
Abstract: | Review of changes in German local market practice, resulting in upsurge of public-sector borrowing in the post-unification period. Special tax package and threat of higher inflation. Primary bond market. Calendar auction. Range of debt instruments. German Unity Fund. One or two-year options. OTC bond options. Re-launching of Frankfurt Interbank Offered Rate. Abolition of stock exchange turnover tax. Other regulatory changes. Boxes cover how unification boosted the German bond market and bonds outstanding. |
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