Towards developing a vibrant bonds market in Nigeria: a review

Authors

Salam N. Gbadebo, Central Bank of Nigeria

Publisher

Central Bank of Nigeria

Keywords

Bond market, Capital market, Nigeria

Abstract

The paper highlights two major challenges in bond market which reflects in Nigeria. The author suggests methods and proposal that will enhance a better performance derivatives in long time. The article seek to established the narrative on two argument that, bond finance is less expansionary than money finance and that the expansion is sometime undesirable. While the Microeconomics argument posited that bonds are issued for different reasons. the findings revealed that corporate borrowers use debt market to obtain working capital and new equipment.

Author Bio

Salam is a Staff of the Research and Statistics Department, Central Bank of Nigeria, Ilorin.

Publication Title

CBN Economic and Financial Review (EFR)

Issue

3

Volume

44

Recommended Citation

Gbadebo S.N. (2006). Towards Developing a Vibrant Bonds Market in Nigeria: a review: Economic and Financial Review, 44 (3), 95-98.