A feasibility study on foreign currency denominated international bills in Taiwan

碩士 === 國立政治大學 === 國際經營管理英語碩士學位學程(IMBA) === 106 === Lately foreign currency denominated international bonds have been the most popular investment product, and this phenomenon contributes to flourish Taiwan bonds market. Compare with that, bills market is much more deserted. In fact, bills and bonds a...

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Bibliographic Details
Main Authors: Wu, Joy, 吳佳音
Other Authors: Tsai, Cheng- Hsien
Format: Others
Language:en_US
Published: 2018
Online Access:http://ndltd.ncl.edu.tw/handle/7b4vte
Description
Summary:碩士 === 國立政治大學 === 國際經營管理英語碩士學位學程(IMBA) === 106 === Lately foreign currency denominated international bonds have been the most popular investment product, and this phenomenon contributes to flourish Taiwan bonds market. Compare with that, bills market is much more deserted. In fact, bills and bonds are quite similar products but only differ from tenor, so why couldn’t bills be as popular as bonds are in Taiwan? In the thesis we started by introduction of domestic international bonds market, followed by domestic bills finance industry, then we focus on international money market, mainly the U.S and China, to find out what can be international bills target for Taiwan market. Finally, we examine the interest spread for investors by different funding resource to prove the probability, and discuss about the issue of regulations which needs to be resolved.