Functioning of the Domestic Government Borrowing Market in Ukraine
| Autor: | Bench Liliia Ya., Koliada Tetiana A., Bai Anna O. |
|---|---|
| Jazyk: | English<br />Russian<br />Ukrainian |
| Rok vydání: | 2020 |
| Předmět: | |
| Zdroj: | Bìznes Inform, Vol 6, Iss 509, Pp 259-266 (2020) |
| Druh dokumentu: | article |
| ISSN: | 2222-4459 2311-116X |
| DOI: | 10.32983/2222-4459-2020-6-259-266 |
| Popis: | The article is aimed at disclosing the peculiarities of functioning of the domestic government borrowing market in Ukraine; defining the main tendencies in its development and developing proposals to improve the system of domestic government borrowing. The essence and features of domestic government borrowing in Ukraine is disclosed; an assessment of the functioning of the domestic government borrowing system is presented; the main tendencies in the development of domestic government borrowing are identified using the analysis of: the dynamics of payments on domestic government debt, the volume of placement of domestic government borrowing bonds (DGBB) in the primary market and the limit level of bond yields during 2013–2019. The efficiency of functioning oif the domestic government borrowing market in Ukraine is researched by means of an analysis of the timing of the DGBB borrowing, the volumes of placement of the short-term DGBB, the nominal and real profitability of the short-term DGBB for the period of 2013–2019. The main problems of the domestic government borrowing market in Ukraine are specified. Proposals to improve the further functioning of the domestic government borrowing market are substantiated. Prospect for further research in this direction is to justify the need in the development of the financial policy of the State to set focus on the differentiation of financial market instruments and strengthening their use as a source of investment resources of the State. |
| Databáze: | Directory of Open Access Journals |
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