Poland : Development of Capital Markets and Pension Funds

Poland’s capital markets can play a crucial supporting role to the ongoing economic development and efficient allocation of credit. Capital markets will become increasingly important to meet the long-term funding needs of strategic sectors, includi...

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Main Author: World Bank Group
Format: Report
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/777731557350148804/Poland-Development-of-Capital-Markets-and-Pension-Funds-Technical-Note
http://hdl.handle.net/10986/31708
id okr-10986-31708
recordtype oai_dc
spelling okr-10986-317082021-05-25T09:23:55Z Poland : Development of Capital Markets and Pension Funds World Bank Group GOVERNMENT BOND MARKET CORPORATE BOND MARKET CAPITAL MARKETS PENSION FUNDS EMPLOYEE CAPITAL PLAN PENSION REFORM Poland’s capital markets can play a crucial supporting role to the ongoing economic development and efficient allocation of credit. Capital markets will become increasingly important to meet the long-term funding needs of strategic sectors, including large, medium and small entities. Expansion and diversification of capital market instruments and hedging tools will also be essential to provide adequate investment and risk management vehicles to much needed long-term savings. While capital market offers different sources of financing, this note focuses primarily on the fixed income markets. This technical note is structured as follows. Section II covers each of the main market segments, including money markets, government and non-government bond markets and derivatives markets. Section III provides an examination of the investor base, the current participation of the different investor segments in the bond markets, and recommendations to reach broader and more effective investor diversification. The Section IV is focusing on the critical reform of the Employee Capital Plan (PPK), as one critical group of institutional investors. 2019-05-15T23:08:11Z 2019-05-15T23:08:11Z 2019-03-01 Report http://documents.worldbank.org/curated/en/777731557350148804/Poland-Development-of-Capital-Markets-and-Pension-Funds-Technical-Note http://hdl.handle.net/10986/31708 English Financial Sector Assessment Program; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Financial Sector Assessment Program Economic & Sector Work Europe and Central Asia Poland
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic GOVERNMENT BOND MARKET
CORPORATE BOND MARKET
CAPITAL MARKETS
PENSION FUNDS
EMPLOYEE CAPITAL PLAN
PENSION REFORM
spellingShingle GOVERNMENT BOND MARKET
CORPORATE BOND MARKET
CAPITAL MARKETS
PENSION FUNDS
EMPLOYEE CAPITAL PLAN
PENSION REFORM
World Bank Group
Poland : Development of Capital Markets and Pension Funds
geographic_facet Europe and Central Asia
Poland
relation Financial Sector Assessment Program;
description Poland’s capital markets can play a crucial supporting role to the ongoing economic development and efficient allocation of credit. Capital markets will become increasingly important to meet the long-term funding needs of strategic sectors, including large, medium and small entities. Expansion and diversification of capital market instruments and hedging tools will also be essential to provide adequate investment and risk management vehicles to much needed long-term savings. While capital market offers different sources of financing, this note focuses primarily on the fixed income markets. This technical note is structured as follows. Section II covers each of the main market segments, including money markets, government and non-government bond markets and derivatives markets. Section III provides an examination of the investor base, the current participation of the different investor segments in the bond markets, and recommendations to reach broader and more effective investor diversification. The Section IV is focusing on the critical reform of the Employee Capital Plan (PPK), as one critical group of institutional investors.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Poland : Development of Capital Markets and Pension Funds
title_short Poland : Development of Capital Markets and Pension Funds
title_full Poland : Development of Capital Markets and Pension Funds
title_fullStr Poland : Development of Capital Markets and Pension Funds
title_full_unstemmed Poland : Development of Capital Markets and Pension Funds
title_sort poland : development of capital markets and pension funds
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/777731557350148804/Poland-Development-of-Capital-Markets-and-Pension-Funds-Technical-Note
http://hdl.handle.net/10986/31708
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