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Recent Developments of Interdealer Brokerage in the Japanese Secondary Bond Markets

Published online by Cambridge University Press:  06 April 2009

Junko Maru  and
Toshiharu Takahashi
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Extract

The large volume of government bonds issued since 1975 has been a strong driving force for structural change in the Japanese bond markets during the last decade. The increasing amount of outstanding government bonds has made the trading volume in the secondary market increase rapidly, accompanied with the development of interdealer trading.

Type
Research Article
Information
Journal of Financial and Quantitative Analysis , Volume 20 , Issue 2 , June 1985 , pp. 193 - 210
Copyright
Copyright © School of Business Administration, University of Washington 1985

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References

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