Amor, José Manuel
Spanish public debt holdings at the end of the ECB's purchase programme / José Manuel Amor and David del Val .-- , 2019
Disponible únicamente en formato electrónico en el Repositorio de la Biblioteca del IEF.
Resumen.
The composition of Spain’s investor base has evolved over three distinct periods in the last 15 years, with Spanish banks now holding a smaller proportion of domestic sovereign debt than observed among banks in other eurozone countries. However, as the Spanish economy has continued to strengthen, data show that some of the most risk-averse foreign investors have discovered a fresh appetite for Spanish bonds, thereby contributing to the ongoing decline in Spain’s borrowing costs.
INVERSIONES
INVERSIONES BANCARIAS
INVERSIONES EXTRANJERAS
DEUDA PUBLICA
BONOS
POLITICA ECONOMICA
ESPAÑA
Val, David del
Spanish and International Economic and Financial Outlook 2254-3880 v. 8, n. 3, May 2019, p. 33-46
Spanish public debt holdings at the end of the ECB's purchase programme / José Manuel Amor and David del Val .-- , 2019
Disponible únicamente en formato electrónico en el Repositorio de la Biblioteca del IEF.
Resumen.
The composition of Spain’s investor base has evolved over three distinct periods in the last 15 years, with Spanish banks now holding a smaller proportion of domestic sovereign debt than observed among banks in other eurozone countries. However, as the Spanish economy has continued to strengthen, data show that some of the most risk-averse foreign investors have discovered a fresh appetite for Spanish bonds, thereby contributing to the ongoing decline in Spain’s borrowing costs.
INVERSIONES
INVERSIONES BANCARIAS
INVERSIONES EXTRANJERAS
DEUDA PUBLICA
BONOS
POLITICA ECONOMICA
ESPAÑA
Val, David del
Spanish and International Economic and Financial Outlook 2254-3880 v. 8, n. 3, May 2019, p. 33-46