Liquidity and Supply in the Norwegian Government Bond Market

dc.contributor.author	Hein, Jesper Bull
dc.date.accessioned	2018-07-05T10:31:34Z
dc.date.available	2018-07-05T10:31:34Z
dc.date.issued	2003
dc.identifier.issn	0029-1676
dc.identifier.uri	http://hdl.handle.net/11250/2504490
dc.description.abstract	The Norwegian government issues debt in the bond and bill market. Market prices for these instruments contain information about market expectations concerning the required real rate of return and inflation. The quality of the information depends in part on the efficiency of price formation. This article describes the structure of the Norwegian government bond market and liquidity in the market. The article also considers the impact of supply and demand on price formation in the government bond market. Compared with other government bond markets, liquidity in the Norwegian market is considered to be relatively limited, and there are signs of a scarcity premium in price formation.	nb_NO
dc.language.iso	eng	nb_NO
dc.publisher	Norges Bank	nb_NO
dc.rights	Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/deed.no	*
dc.title	Liquidity and Supply in the Norwegian Government Bond Market	nb_NO
dc.type	Journal article	nb_NO
dc.subject.nsi	VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212	nb_NO
dc.source.pagenumber	157-165	nb_NO
dc.source.journal	Economic Bulletin	nb_NO
dc.source.issue	4/2003	nb_NO

Med mindre annet er angitt, så er denne innførselen lisensiert som Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal