Journal of Applied Economics in Developing Countries
Vol 9, No 2 (2024): Journal of Applied Economics in Developing Countries

ANALYZING THE DETERMINANTS OF BOND MARKET DEVELOPMENT IN NIGERIA

Ajibu Jonas (Faculty of Economics and Business, Universitas Islam Internasional Indonesia, Depok)
Asia Khamis Nyange (Faculty of Economics and Business, Universitas Islam Internasional Indonesia, Depok)
Ashura Rajabu Yusuph (Faculty of Official Statistics, Eastern Africa Statistical Training Centre, Dar es Salaam)



Article Info

Publish Date
30 Sep 2024

Abstract

This study examines the key factors influencing the development of Nigeria’s bond market using time series data from 1981 to 2022. While employing quantitative methods, the study identifies a strong long-term relationship between key economic variables and bond market development. Major findings highlight the critical roles of inflation, fiscal deficit, foreign direct investment, and per capita income in shaping market growth. The study provides practical policy recommendations, including measures to boost market liquidity, improve transparency, and promote public-private partnerships for sustainable bond market development. These findings contribute significantly to understanding the dynamics of emerging bond markets and their potential for economic development in Nigeria.

Copyrights © 2024






Journal Info

Abbrev

jaedc

Publisher

Subject

Economics, Econometrics & Finance

Description

FOCUS This journal focused on economics, business, and management in developing countries studies and presents developments through the publication of articles and research reports. SCOPE The Journal of Applied Economics in Developing Countries (JAEDC) specializes on Economics, Business, and ...