575 - Prospects for European private placement market

Wetenschappelijke publicatie
Date 1 March 1999

Private placement markets are an important source of funding for the public sector in Continental Europe. In the United States the private placement has an important role in corporate finance. This paper shows that a European private placement market for corporate finance might evolve as a result of the monetary integration. Key words: Private placement, European capital market JEL codes: G15, G20