What are the benefits of an efficient debt market to the financial system and the economy?
• Reduction in the borrowing cost of the Government and enable mobilization of resources at a reasonable cost. • Provide greater funding avenues to public-sector and private sector projects and reduce the pressure on institutional financing. • Enhanced mobilization of resources by unlocking illiquid retail investments like gold. • Development of heterogeneity of market participants • Assist in development of a reliable yield curve and the term structure of interest rates.
Reduction in the borrowing cost of the Government and enable mobilization of resources at a reasonable cost. Provide greater funding avenues to public-sector and private sector projects and reduce the pressure on institutional financing. Enhanced mobilization of resources by unlocking illiquid retail investments like gold Development of heterogeneity of market participants Assist in the development of a reliable yield curve.