Second International Conference on Sovereign Bond Markets

When:10 März 2015
  - 11 März 2015
Where:European Central Bank, Frankfurt am Main, Germany


Determinants of Sovereign Bonds Yields and  the Effectiveness of Central Bank Intervention 


The Center on Sustainable Architecture for Finance in Europe (SAFE) at Goethe University Frankfurt (Frankfurt, Germany), the Center for Financial Research at Waseda University (Tokyo, Japan), the NYU Stern Salomon Center for the Study of Financial Institutions (New York, US) and the European Central Bank are co-sponsors of second of the three conferences to be held respectively in Tokyo, Frankfurt am Main, and New York.

The objective of these three conferences is to bring together academics, practitioners and policy-makers working in the area of sovereign bond markets. The participation of speakers such as prominent academics, industry experts as well as senior officials/researchers from the Bank of Japan, the European Central Bank and the Federal Reserve will provide an opportunity for participants engaged in research, investment/trading and policy-making at the forefront of this area to discuss both the causes and implications of recent events in sovereign bond markets and may, in turn, suggest fruitful directions for future research. The three Conferences are organised under the auspices of the Society for Financial Econometrics (SoFiE), CREDIT Network (Venice, Italy) and SYRTO project and would be dedicated to various aspects of sovereign bond markets.

A key motivation for the three conferences is to address the effects of recent non-standard central bank policy measures, such as government bond purchases and large liquidity injections, on sovereign risk and sovereign bond markets, especially given that these measures would ultimately have to be unwound. 

THE SCIENTIFIC COMMITTEE for the Frankfurt conference consists of: Robert F. Engle (NYU Stern), Jun Uno (Waseda University), Paolo Pasquariello (University of Michigan), Monica Billio (University of Venice), Loriana Pelizzon (Research Center SAFE, Goethe University Frankfurt), Toshinao Yoshiba (BOJ), Simone Manganelli (ECB), Michael Fleming (NY FED). 

CONFERENCE DEADLINES: The final program will include both submitted and invited papers and a keynote speaker: Raghuram Rajan (Governor of the Reserve Bank of India). The Conference will also feature a panel discussion on researchers' and practitioners' views on the major outstanding issues in sovereign bond markets.    

Download the program (pdf)

Conference web page

The Organizing Committee has pre-booked some rooms for participants. If you need help for your accommodation, please write to