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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2012
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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 |
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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 |
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Digital Repository |
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Foreign Institution |
institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
collection |
World Bank |
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English en_US |
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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 |
_version_ |
1764404813059063808 |