Fostering the Corporate Bond Market in Pakistan

Farhan Hameed ()
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Farhan Hameed: Ministry of Finance, Islamabad, Pakistan

SBP Research Bulletin, 2007, vol. 3, 107-128

Abstract: A well functioning corporate bond market is an important component of financial sector development of an emerging economy. This paper gives an overview of the corporate bond market in Pakistan and compares it to the international market. It also identifies some impediments to corporate bond market development including: crowding out by government borrowing, administrative barriers and lack of liquidity in the corporate bond market. Finally, the paper concludes with some discussion on future prospects and policy recommendations for corporate bond market development in Pakistan.

Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:sbp:journl:26

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