| Nº Sistema |
000359238 |
| Autor |
 Fuertes, Alberto |
| Autor |
Marqués, José Manuel |
|
Molina, Luis |
| Título |
Global funding trends in capital markets in 2016 [Recurso electrónico] / Alberto Fuertes Mendoza, José Manuel Marqués Sevillano y Luis Molina Sánchez. |
| Publicado en |
Economic Bulletin / Banco de España [Artículos], n. 1, 2017, 20 p. |
| Edición |
16/03/2017 |
| Serie |
Economic bulletin / Banco de España. Analytical articles |
| Nota general |
Artículo de revista |
| Resumen |
Bond issuance increased moderately in the developed markets in 2016, partly due to the ongoing fiscal consolidation in the main economies. Placements by companies with better credit quality and by the banking sector were notably buoyant. Across countries, however, there were significant differences, both in terms of the conditions of supply of bonds by issuers (the cyclical position of each economy, the need for deleveraging by businesses and the public sector, and the regulatory requirements in the financial sector) and in terms of the factors affecting the demand of investors (risk appetite, the search for yield in a context of negative interest rates and the role of central banks in bond purchases). With regard to the emerging economies, they continued to have access to the markets. However, the volatility observed in foreign exchange markets led to a certain preference for foreign-currency issuance, especially in US dollars. [Resumen de autor] [eng] |
| Restricciones |
Acceso público y gratuito a la versión electrónica en Internet |
| Acceso electrónico |
 Ver en el Repositorio Institucional. |
| Relacionado con |
Traducción de: Tendencias globales de financiación en los mercados de capitales en 2016 / Alberto Fuertes Mendoza, José Manuel Marqués Sevillano y Luis Molina Sánchez. Boletín Económico / Banco de España. n. 1, 2017, 20 p. |
| Clasificación |
G65-Mercados de dinero. |
| Materia |
España |
| Entidad secundaria |
Banco de España. Dirección General de Economía y Estadística |
