The main directions of regulation of the market for government securities

Abstract

Are considered, the main conditions of development of the financial market and decline in yield of the state securities as high profitability conducts not only to increase in cost of service of a public debt, but also raises an overall price level by loan resources. Now many commercial banks consider the GTsB market as the most reliable and sufficiently profitable object of an investment of free financial resources. For this reason in the arsenal they in most cases have two main sources of the income – deposits to tools of the market of the state securities and commission charges for rendering of services. The securities market is not isolated system, and a segment of the market which cannot function without an all-around development of market economy as a whole. The condition of the financial market depends from of some factors among which the leaging role is played with paces of inflation.