Capital Markets in the Dominican Republic [electronic resource].
Centre, Organisation for Economic Co-operation and Development: Development.
Organisation for Economic Co-operation and Development : Development CentreCorporate Author
Paris : OECD Publishing,
2012.
This report presents a detailed analysis of the Dominican Republic's financial system and offers a series recommendations to develop the country's capital markets. The country has recently made big advances in the development of its capital markets, achieving high solvency in the banking sector, improving  the institutional framework for the management of public debt and experiencing steady growth in the value of both the private bond market and the assets of pension funds. However, the level of financing directed to the economy is still small, given the country's level of development, and the
Description based upon print version of record.
Foreword; Acknowledgements; Preface; Executive summary; Chapter 1:The state and general framework of the financial markets; Towards improved policy co-ordination for the capital market  development; The political economy of the capital market reform; Chapter 2: Macroeconomic context; The impact of the 2003-04 crisis on the management of monetary and financial policy; Recommendations and outlook; Chapter 3: Characteristics and challenges of the financial system; Banking depth and concentration; Recommendations and outlook; Chapter 4: The public debt market; The Dominican sovereign risk
Two actors in the domestic debt market: the Central Bank and the Ministry of FinanceRecommendations and outlook; Annex 4.A1. Annual gross yield on securities issuedby the public sector (2011); Annex 4.A2. Annual gross yield on securitiesissued by the Central Bank 6BCCI+DD8; Chapter 5: The private debt marketand capital market regulation; Primary and secondary markets: key challenges; Towards better co-ordination of the institutional and regulatory framework; Recommendations and outlook; Annex 5.A1. Private debt issues (2006-11) outstanding as of January 2012
Annex 5.A2. Interest rates on securities issued according to risk ratingChapter 6: Institutional investors; Current obstacles and challenges; Recommendations and outlook; Annex A.A1. Risk-return ratio of public and private debtinstruments in the United States (2008-11); Annex 6.A2. Correlation matrix between instruments 6BCCQ+DD8; Chapter 7: Financial literacy, new instrumentsand market expansion; Financial literacy; Frameworks for access to financing by small and medium-sized enterprises; Remittances and capital market development; Co-operation between stock exchanges and market expansion
Recommendations and outlook
This report presents a detailed analysis of the Dominican Republic's financial system and offers a series recommendations to develop the country's capital markets. The country has recently made big advances in the development of its capital markets, achieving high solvency in the banking sector, improving  the institutional framework for the management of public debt and experiencing steady growth in the value of both the private bond market and the assets of pension funds. However, the level of financing directed to the economy is still small, given the country's level of development, and the
Capital market -- Dominican Republic.
Debts, Public -- Dominican Republic.
Dominican Republic -- Commercial policy.
Dominican Republic -- Economic policy.
Development Centre Studies