Proceedings of the International Workshop on the Challenges and Opportunity of the Indonesian Debt Market

The Government of Indonesia has been placing increasing emphasis on development of the Nonbank Financial Institutions (NBFIs). Well-functioning government and corporate debt markets are critical elements of modern financial systems. A mature domestic bond market offers a wide range of opportunities...

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Main Author: World Bank
Format: Economic & Sector Work
Language:English
en_US
Published: Washington, DC 2012
Online Access:http://documents.worldbank.org/curated/en/2005/09/16341920/proceedings-international-workshop-challenges-opportunity-indonesian-debt-market
http://hdl.handle.net/10986/8490
id okr-10986-8490
recordtype oai_dc
spelling okr-10986-84902021-04-23T14:02:38Z Proceedings of the International Workshop on the Challenges and Opportunity of the Indonesian Debt Market World Bank The Government of Indonesia has been placing increasing emphasis on development of the Nonbank Financial Institutions (NBFIs). Well-functioning government and corporate debt markets are critical elements of modern financial systems. A mature domestic bond market offers a wide range of opportunities for funding the government and the private sector, with the government bond market typically creating necessary benchmarks for other issuers. Bond markets play a critical role by assisting governments and firms in mobilizing financing for investment needs; helping governments and firms in obtaining financing directly from the market. In many countries, bond financing is the main source of long-term financing because commercial banks' shorter-term liabilities place constraints on their ability to finance long-term assets. Demand from other sources is also growing. Indonesia is committed to a large infrastructure development program, a substantial portion of which is expected to be financed by private capital mobilized from domestic as well as international capital markets. Particular effort is being made to encourage the financing of private infrastructure projects through domestic bond markets. In the medium term, sub-national governments will also increasingly need access to bond markets. All in all, therefore, domestic debt markets will play an increasing role in Indonesia's financial sector. 2012-06-19T20:56:25Z 2012-06-19T20:56:25Z 2005-09 http://documents.worldbank.org/curated/en/2005/09/16341920/proceedings-international-workshop-challenges-opportunity-indonesian-debt-market http://hdl.handle.net/10986/8490 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work Economic & Sector Work :: Debt and Creditworthiness Study East Asia and Pacific Asia Southeast Asia Indonesia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
geographic_facet East Asia and Pacific
Asia
Southeast Asia
Indonesia
description The Government of Indonesia has been placing increasing emphasis on development of the Nonbank Financial Institutions (NBFIs). Well-functioning government and corporate debt markets are critical elements of modern financial systems. A mature domestic bond market offers a wide range of opportunities for funding the government and the private sector, with the government bond market typically creating necessary benchmarks for other issuers. Bond markets play a critical role by assisting governments and firms in mobilizing financing for investment needs; helping governments and firms in obtaining financing directly from the market. In many countries, bond financing is the main source of long-term financing because commercial banks' shorter-term liabilities place constraints on their ability to finance long-term assets. Demand from other sources is also growing. Indonesia is committed to a large infrastructure development program, a substantial portion of which is expected to be financed by private capital mobilized from domestic as well as international capital markets. Particular effort is being made to encourage the financing of private infrastructure projects through domestic bond markets. In the medium term, sub-national governments will also increasingly need access to bond markets. All in all, therefore, domestic debt markets will play an increasing role in Indonesia's financial sector.
format Economic & Sector Work
author World Bank
spellingShingle World Bank
Proceedings of the International Workshop on the Challenges and Opportunity of the Indonesian Debt Market
author_facet World Bank
author_sort World Bank
title Proceedings of the International Workshop on the Challenges and Opportunity of the Indonesian Debt Market
title_short Proceedings of the International Workshop on the Challenges and Opportunity of the Indonesian Debt Market
title_full Proceedings of the International Workshop on the Challenges and Opportunity of the Indonesian Debt Market
title_fullStr Proceedings of the International Workshop on the Challenges and Opportunity of the Indonesian Debt Market
title_full_unstemmed Proceedings of the International Workshop on the Challenges and Opportunity of the Indonesian Debt Market
title_sort proceedings of the international workshop on the challenges and opportunity of the indonesian debt market
publisher Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2005/09/16341920/proceedings-international-workshop-challenges-opportunity-indonesian-debt-market
http://hdl.handle.net/10986/8490
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