Türkiye’de İç Borç Yönetiminde Piyasa Yapıcılığı Sistemi ve Borçlanma Maliyetleri Üzerine Etkileri

Maşuk Cahit UYSAL

Makale detayları

Türkiye’de İç Borç Yönetiminde Piyasa Yapıcılığı Sistemi ve Borçlanma Maliyetleri Üzerine Etkileri

Yazarlar:

Maşuk Cahit UYSAL

Yayıncı:

Mehmet MECEK

Ana Başlıklar:

Sosyal Bilimler

Dergi:

International Journal of Management Academy 2019 Vol.2 Issue 3, pp.583-597

Belge Tipi:

Makale

Yayın Tarihi:

12/2019

Belge Dili:

Türkçe

Document ID (Org No.):

2000664459

Sıklık:

Üç Yıllık

pISSN:

2636-8048

Özet:

 


Market making system has
been first utilized in the USA in the year of 1960 and has been put into
practice in our country in May 2000. With a contract signed between the debt
management and determined financial intermediaries, a special mediator duty is given
to act in government dept securities markets. Establishments that are
designated as market makers have obligations such as making continuous exchange
in secondary markets, giving quotations and buying certain amounts of export. In this study, after investigating the system and
its application in Turkey, the effect of the market making system on dept costs
have been analyzed. This study examines the practice of the market making
system in dept management whether or not strengthens the the primary and secondary
markets, and its effects on increasing liquidity and reducing volatility
through analyses conducted on benchmark bonds. With
the implementation of the system in Turkey for the purpose of increasing the
liquidity of the government debt securities market, it was observed that the
re-export strategy has been successfully implemented and bond volumes were
regularly increased.

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Makale detayları

Türkiye’de İç Borç Yönetiminde Piyasa Yapıcılığı Sistemi ve Borçlanma Maliyetleri Üzerine Etkileri

Yazarlar: Maşuk Cahit UYSAL

Yayıncı: Mehmet MECEK

Ana Başlıklar: Sosyal Bilimler

Dergi: International Journal of Management Academy 2019 Vol.2 Issue 3, pp.583-597

Belge Tipi: Makale

Yayın Tarihi: 12/2019

Belge Dili: Türkçe

Document ID (Org No.): 2000664459

Sıklık: Üç Yıllık

pISSN: 2636-8048

Sayı

Yazarlar:

Maşuk Cahit UYSAL

Yayıncı:

Mehmet MECEK

Ana Başlıklar:

Sosyal Bilimler

Dergi:

International Journal of Management Academy 2019 Vol.2 Issue 3, pp.583-597

Belge Tipi:

Makale

Yayın Tarihi:

12/2019

Belge Dili:

Türkçe

Document ID (Org No.):

2000664459

Sıklık:

Üç Yıllık

pISSN:

2636-8048