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Financial Analysis
Financial analysis offers analytical tools to sovereign debt management as it can be applied to the study of trends and drivers of government securities, features both at issuance and in the secondary markets in which these instruments are negotiated. Government yield curves and spreads are the privileged dimensions of the financial analysis because they are under the influence of several variables, such as liquidity conditions, institutional factors, economic prospects and policies, and, ultimately, the credibility of the sovereign issuer. Understanding these interrelations helps achieve the targeted strategy in sovereign debt management. Financial analysis employs various metrics to gauge debt cost, liquidity, maturity, and risk.
Complete List of Documents in this Section
| Title | Author |
|---|---|
| Fiscal Sustainability and the Role of Inflation | António Afonso et al. |
| Who buys bonds now? How markets deal with a smaller Eurosystem balance sheet | Federico Maria Ferrara et al. |
| Across the borders, above the bounds: a non-linear framework for international yield curves | Laura Coroneo, Iryna Kaminska, Sergio Pastorello |
| Federal Reserve Speeches and Sovereign Credit Risk | Abhinav Anand, Hitesh Doshi, Ankit Kumar and Jalaj Pathak |
| The Collapse of External Finance to Developing Countries | Ishac Diwan, Brendan Harnoys-Vannier |