Contribution of the capital market to the financing of the activities of the paraguayan state. Period 2016-2020

• Main Author: Justo Manuel Camacho-Guerreros
• Format: Article
• Language: Spanish
• Published: Universidad Nacional de Asunción 2021-01-01
• Series: Población y Desarrollo
• Subjects: capital market; economics
• Online Access: http://scielo.iics.una.py/scielo.php?script=sci_arttext&pid=S2076-054X2021000100001&lng=es&nrm=iso&tlng=en

Paraguay, like other economies, has two financial circuits, one corresponding to monetary flow and the other to intangible assets; the purchase and sale of the latter are carried out through the Capital Market. This market allows physical and legal economic agents from both the private and public sectors to request resources to finance the purchases of goods and the contracting of services, required to carry out the inherent activities of their organization. For this purpose, these economic agents quote fixed income securities, bonds, or variable income, shares; that are bought by those who seek to channel their savings to investment (Fabozzi, Modigliani and Ferri, 1996).