ANALYSIS OF YIELD INVESTORS IN CAPITAL MARKET BONDS OF THE REPUBLIC OF SERBIAN
Journal Title: Acta Economica - Year 2010, Vol 8, Issue 13
Abstract
The capital market of the Republic of Srpska in the last two years was a sudden drop in prices of financial instruments that are the subject of trading with us for now the only Stock Exchange - Banja Luka Stock Exchange. Capital market is the segment of the econom wich first detect and react to the crisis, much before the crisis is felt in the real sphere of economy. In 2008, the current epicenter of the earthquake in the capital markets in the region, as well as the Banja Luka Stock Exchange, and decrease investor confidence, resulting in connection with the crisis-risk mortgage bond market in the United States, which has caused the global credit crisis and leading the world economy to the recession. However, the issue of bonds in the capital market of the Republic of Srpska in 2008 and 2009 a positive impact on price movements of securities at the Banja Luka Stock Exchange. On 15.04.2010 The Banja Luka Stock Exchange bond portfolio made up 24 bonds, of which 14 are government bonds, 6 Municipal, and the remaining 4 are bonds of companies. Bonds are becoming increasingly important financial instrument in the capital market of the Republic of Srpska. It goes in favor of the conclusion that in recent times sales of bonds on the Banja Luka Stock Exchange in a higher than average shares. Investment policy must be created as a compromise between yield and risk, and must meet requirements regarding liquidity, revenues and taxes. Given that the yield of the main motive of investors investing in the capital market, the paper was given to quantitative analysis of yield investors in bonds.
Authors and Affiliations
Драган Миловановић, Бојан Ћудић
Keywords
Related Articles
- EP ID EP43703
- DOI -
- Views 282
- Downloads 0
Features of the functioning of developed financial markets in the post crisis period
After the recent economic crisis noticeable trends are typical for poslijekrizne periods such as the large number of takeovers, as well as increasing the scope of prohibited activities of participants in the financial ma...
INVESTING INTO VALUABLE PAPERS AND PERSPECTIVES OF THE DEVELOPMENT REGARDING THE FINANCIAL MARKET IN TRANSITIONAL ECONOMIES
Modern financial flows are caracterised by trend of increasing investment in financial assets or securities. Preconditions for this kind of investment are properly supply of securities, financial market and investitors m...
FROM DEFECTIVE TO EFFECTIVE BiH DEVELOPMENT POLICY
After 21 post-war years Bosnia and Herzegovina (BiH) found itself in a “middle income trap”. It is not classified into low income countries because workers and citizens do not accept low wages and low standard of living,...
FOREIGN MARKETS PORTFOLIO IN INTERNATIONAL AFFAIRS
The main idea of article is synthetic analysis of strategic elements that are representing the risks of business operations on individual foreign markets related with the main benefit – profit generated from operations o...
ECONOMIC REFORMS IN YUGOSLAVIA: HOW TO AVOID ERRORS OF THE OTHERS
After September 2000 elections, Yugoslavia is now, when it is very late in comparison to other postocialistic countries, at the very beginning of the essential economic reforms and a real including into international eco...