Welcome to the Monthly Public Awareness column with the Reserve Bank of Fiji. This month’s article will give you an understanding of the Capital Markets in Fiji. We hope that you will find the article interesting and informative.
Under the Capital Markets Decree (2009) the Reserve Bank of Fiji is responsible for the regulation and development of Fiji’s Capital Markets.
What is the Capital Markets?
The Capital Markets is the market where debt and equity securities are traded (bought and sold). Debt securities traded in our Capital Markets include bonds and convertible notes and equity securities include shares of listed companies and units issued by the unit trust companies.
The Reserve Bank has the responsibility for developing our Capital Markets and to regulate and supervise all the participants (investors and intermediaries) and activities that take place within the markets. The Reserve Bank also regulates the banking, insurance and foreign exchange industries in Fiji but these industries are more developed than our Capital Markets sector.