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A Public Debt Management Perspective on Proposals for Restrictions for Short Selling of Sovereign Debt
New restriction on short-selling sovereign debt need to be supported by concrete evidence that links systematically unrestricted short-selling activities to fraud, abuse or market manipulation.
OECD debt managers noted that there is plenty of empirical evidence on the benefits of short selling, including more liquidity, pricing efficiencyand better allocated risk[...]
OECD debt managers noted that there is plenty of empirical evidence on the benefits of short selling, including more liquidity, pricing efficiencyand better allocated risk[...]