BUILDING BLOCKS FOR DEVELOPING THE LOCAL CURRENCY BOND MARKET FOR THE GOVERNMENT OF THE REPUBLIC OF UZBEKISTAN
Keywords:
bulding blocks, local currency bond market, risk, liquidity, dеpth оf thе markеt, exchange rate volatility, currency mismatch, maturity mismatch, financial crisis.Abstract
This article analyzes the key building blocks for developing the local
currency bond market for the government of the Republic of Uzbekistan and how the
development of the local currency bond market contributes to financial market stability. Local
currency bond markets help to strengthen money and financial markets. An efficient debt market
promotes economic growth and development by allowing capital to be transferred from savers to
borrowers. It improves allocation efficiency of resources in th
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The official website of thе Currеncy Еxchangе of thе Rеpublic of Uzbеkistan
www.uzrvb.uz
The official website of the National database of legislation of the Republic of Uzbekistan
