| Author | Das, Anupam |
| Call Number | AIT RSPR no. SM-99-32 |
| Subject(s) | Liquidity (Economics)
|
| Note | A research study submitted in partial fulfilhnent of the requirements for the
degree of Master of Business Administration, School of Management |
| Publisher | Asian Institute of Technology |
| Abstract | This study attempts to compare the impact of treasury bills on the money market
liquidity in Bangladesh and Singapore. Data of Money Supply indicators (Ml and Ml)
collected from Bangiadesh and Singapore as the Money Market liquidity. Quarterly/Yearly
amount of Treasury Bills issued by the Central Banks of Bangladesh and Singapore has been
collected. The correlation between MI and amount of Treasury Bills issued and M2 and
amount of Treasury Bills issued for both the countries had been tested.
Simple Regression Analysis along wit!1 a test of Significance has been carried out for
estimating the impact of Treasury Bills issued in the period of 1990 to 1997 on the money
market liquidity of that period. In order to do this, correlation between Ml and Treasury Bills
issued and M2 and Treasury Bills issued have been verified separately.
Bangladesh and Singapore Governments and the Central Banks have been using
Treasury Bills as measures of control of the money market liquidity. The Treasury Bills also
play a significant role to control the domestic interest rates as more issue of Treasury Bills
decrease the interest rates and less issue of Treasury Bills increase the interest rates.
The information used in this study was gathered through interviews witli the senior
managers of Bangladesh Bank, monetary Authority of Singapore, stock exchanges and senior
managers of Commercial Banks. The study also relies on Bangladesh Bank publications,
Monetary Authority of Singapore publication and different academic and business
magazines. |
| Year | 1999 |
| Type | Research Study Project Report (RSPR) |
| School | School of Management (SOM) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
| Chairperson(s) | Gupta, J. P. |
| Examination Committee(s) | Paul, H.;Rainachandran, N. |
| Scholarship Donor(s) | Government of Netherlands |
| Degree | Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 1999 |