Bonds also offer investors an alternative to bank deposits with prospects of capital appreciation at lower risks than equities. ... Demand constraints On the demand side, the majority of retail investor is risk and yield craving. ... Also, the implementation of the Mandatory Provident Fund Scheme (MPFS) is expected to provide a powerful boost to the fund management industry and related services which are major investors in Hong Kong's debt market. ... Demand side Stock and property market slumps after 1997 turned investors' attention to low risk vehicles such as retail bonds and p...

• Word Count: 1396
• Approx Pages: 6
• Grade Level: Undergraduate

Dollarization will not purge the hazard of external crises since investors could flee because of problems of weakness in a country's budget condition or the effectiveness of the financial system[ImT07]. ... Firstly, "the intermediate stock" cost, the introduction of dollarization to withdraw domestic currency from circulation. ...

• Word Count: 3668
• Approx Pages: 15
• Has Bibliography
• Grade Level: Undergraduate

Executive Summary This paper is about the European Economic and Monetary Union. Basically, this paper explains what the European Economic and Monetary Union is about. This paper answered the questions about the qualifications set by the European Commission to states who want to join the economic and...

• Word Count: 3783
• Approx Pages: 15
• Has Bibliography
• Grade Level: Undergraduate