Technological Possibilities For Optimization Of The Domestic Market Of Government Debt Instruments In The Republic Of Bulgaria Cover Image

Технологични възможности за оптимизация на вътрешния пазар на държавни дългови инструменти в Република България
Technological Possibilities For Optimization Of The Domestic Market Of Government Debt Instruments In The Republic Of Bulgaria

Author(s): Dimitar Popov
Subject(s): Economy, Business Economy / Management
Published by: Стопанска академия »Д. А. Ценов«
Keywords: government debt; government securities domestic market; block chain technology

Summary/Abstract: The main priority in the management of public finances of the Republic of Bulgaria is the preservation of the financial stability of the fiscal system, in compliance with the principles of efficiency and effectiveness. In the Republic of Bulgaria, the organization of the domestic market of securitized government debt has been successfully implemented, which is expressed in the development, implementation and use of systems ensuring the process of issuance, acquisition, registration, redemption and trading with government securities, ensuring the normal functioning of the market. Through the introduction and use of new technological advances, there is an opportunity to improve the efficiency and transparency of the internal market for sovereign debt. The study considers the new technologies in public debt management of the Republic of Bulgaria as well as the possibilities for increasing the efficiency and securing the activities related to the state debt. The aim of the study is to present the possibilities for improving the efficiency of the domestic market of government debt instruments, based on the introduction and use of block chain technology.

  • Issue Year: 2020
  • Issue No: 16
  • Page Range: 267-280
  • Page Count: 14
  • Language: Bulgarian