ISSUES OF ENHANCING THE LIQUIDITY OF GOVERNMENT SECURITIES AND PROMOTING INVESTOR PARTICIPATION
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https://doi.org/10.5281/zenodo.17403081Kalit so‘zlar:
government securities, market liquidity, investor participation, primary market, secondary market, public debt management, financial market development, emerging economies.Abstrak
This article analyzes strategies for improving market liquidity and expanding the investor base, with a primary focus on institutional, regulatory, and operational measures. It also emphasizes the importance of ensuring transparency in the issuance process, diversifying types of government securities, developing an active trading environment in the secondary market, and broadening the participation of institutional and retail investors. Drawing on international experience, the article provides practical recommendations for emerging economies, particularly based on Uzbekistan’s ongoing reforms aimed at developing the national government securities market and enhancing the depth of the financial system.
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