No disponible en español
Stefan Wredenborg
- 30 July 2004
- OCCASIONAL PAPER SERIES - No. 18Details
- Abstract
- This paper analyses the main features of the market for euro-denominated bonds issued by non-euro area residents on the basis of a new database. It shows that large private corporations from mature economies have contributed significantly to the internationalisation of the euro since 1999, more than sovereigns in transition and emerging economies, whose part was initially expected to be stronger. It confirms that the euro