TY - SER AU - Boland, Vincent TI - DEBT ON THE NET KW - MERCADO FINANCIERO INTERNACIONAL INTERNET TITULOS BANCO MUNDIAL KW - INTERNET KW - 08 KW - 3ext147 KW - XZ N2 - International bond markets are on the verge of an online revolution. The author examines the forces driving the change and the likely winners and loosers. The pace of change is so fast that market participants predict that a fully-fledged trading mechanism for most types of bonds will be online and operational by as early as next year. This month, offerings from borrowers including the World Bank and Fannie Mae, the US mortgage lender that is one of the world's biggest borrowers in the international capital markets, have used the internet to allow investors to buy their bonds directly ER -