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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 |
|---|---|
| Decomposing the Sri Lanka Yield Curve using Principal Component Analysis to examine the Term Structure of the Interest Rate | Sanjeewa Dayarathne, Uthayasanker Thayasivam |
| Sri Lanka’s Bond Deal Should Not Set a Precedent | Brad W. Setser |
| The central bank, the treasury, or the market: Which one determines the price level? | Jean Barthélemy, Eric Mengus, Guillaume Plantin |
| Fiscal R-Star: Fiscal-Monetary Tensions and Implications for Policy | Marijn A. Bolhuis, Jakree Koosakul, Neil Shenai |
| The impact of sovereign debt purchase programmes. A case study: the Spanish-to-Portuguese bond yield spread | Fernando Cerezo, Pablo Girón, María T. González- Pérez, Roberto Pascual |