Abstract:
This paper characterizes the secondary debt market in Chile. It asses the efficiency of the Chilean debt market in terms of transparency, liquidity, safety, cost efficiency and integrity. A special emphasis is made on the Chilean government debt market in Chile, which is dominated by banks and trading is carried out mainly over OTC platforms, in contraposition to corporate and short term debt which is mainly traded on exchange.
Keywords:Secondary; debt; market; Chile; corporate; debt; government; debt (search for similar items in EconPapers) JEL-codes:G (search for similar items in EconPapers) New Economics Papers: this item is included in nep-fmk Date: 2005-12-19 Note: Type of Document - pdf; pages: 39