Search Results - subject:"Yield to maturity"

Australia; Addressing Systemic Risk Through Higher Loss Absorbencyâ€”Technical Note

International Monetary Fund (IMF); International … - 2012

Australiaâ€™s four largest banks can be considered domestically systemic. They make up the lionâ€™s share of the banking system, use similar business models, and are interconnected. The top four banks are relatively similar in terms of systemic importance, partly reflecting the...

Persistent link: https://www.econbiz.de/10011245198

Pengaruh Tingkat Suku Bunga, Ukuran Perusahaan, Pertumbuhan Perusahaan, dan Rasio Hutang Terhadap Yield to Maturity Obligasi Korporasi Konvensional di Bursa Efek Indonesia Periode...

Sirait, Dita Eka Pertiwi - 2011

for expansion. Funding needs can be fullfilled by issuing stocks and bonds. Yield to Maturity is the rate of return will … be received by investor on a bond purchased at the current market price and held to maturity. If the yield to maturity of …. Conversely, if the yield to maturity lower than what is considered appropriate, the bond is called overvalued and is a candidate …

Persistent link: https://www.econbiz.de/10009464299

Sweden; Financial Sector Assessment Program Update: Technical Note on Stress Testing of the Banking Sector

International Monetary Fund (IMF); International … - 2011

Although Sweden has recovered from the financial crisis, authorities have already initiated exit measures from crisis response policies. The Financial Sector Assessment Program (FSAP) Update undertook a financial stability analysis of the banking sector, including a comprehensive stress-testing...

Persistent link: https://www.econbiz.de/10011244366

Sweden; Financial Sector Assessment Program Update: Technical Note on Contingent Claims Analysis Approach to Measure Risk and Stress Test the Swedish Banking Sector

International Monetary Fund (IMF); International … - 2011

This paper describes the application of contingent claims analysis (CCA) and systemic CCA to the top four commercial banks in Sweden. The balance sheet stress tests for four major banks were complemented with tests based on the CCA framework, a risk-adjusted balance sheet relating bank asset...

Persistent link: https://www.econbiz.de/10011245016

THE COST OF CAPITAL – AN IMPORTANT CRITERION IN FUNDAMENTING THE FINANCING DECISION OF THE COMPANY

Diana, Ph.D Student Ignatescu Valentina - In: Revista Tinerilor Economisti (The Young Economists Journal) 1 (2009) 13S, pp. 66-72

Through this paper we want to identify which are the main factors that influence the company's financing decision. And from all the factors we will analyze the cost of capital. We would like to see what role plays the cost of the capital in fundamenting the financing decision and what are the...

Persistent link: https://www.econbiz.de/10008556742

Napravlenija rasširenija ispolʹzovanija Respublikoj Belarusʹ evroobligacij v kačestve instrumenta zaimstvovanija

Žuk, I. N.; Belkovec, A. M. - In: Belorusskij ėkonomičeskij žurnal : ežekvartalʹnyj … (2015) 4, pp. 72-83

Persistent link: https://www.econbiz.de/10011456103

Yield to Maturity Is Always Received as Promised: A Reply

Cebula, Richard; Yang, Bill - Volkswirtschaftliche Fakultät, … - 2008

This theoretical note elaborates upon why it is a myth that YTM is viewed as only a promised but not really earned interest rate. It addresses some misconceptions in Shirnani and Wilbratte (2009) on what, between YTM and RCY, is a true rate of return of a coupon bond, why YTM is not just a...

Persistent link: https://www.econbiz.de/10011111723

Yield to Maturity Is Always Realized as Promised: A Reply

Cebula, Richard; Yang, Bill - Volkswirtschaftliche Fakultät, … - 2008

This note attempts to further elaborate why it is a myth that YTM is viewed as only a promised but not really earned interest rate. It addresses some misconceptions regarding what, between YTM and RCY, is a true rate of return of a coupon bond, why YTM is NOT just a “fictitious mathematical...

Persistent link: https://www.econbiz.de/10011112771

Factor Model for Stress-Testing with a Contingent Claims Model of the Chilean Banking System

Gray, Dale F.; Walsh, James P - International Monetary Fund (IMF) - 2008

This paper derives risk indicators for the major Chilean banks based on contingent claims analysis, an extension of Black-Scholes-Merton option-pricing theory. These risk indicators are clearly tied to macroeconomic and financial developments in Chile and outside, but bank responses are highly...

Persistent link: https://www.econbiz.de/10005264053

Yield curve changes effect on Euro area bond indexes: a partial durations approach

Fonseca, José Soares Da - In: International Journal of Monetary Economics and Finance 7 (2014) 1, pp. 28-39

The dimension of the interest rate changes impact on bond prices depends on bond duration and convexity. The present paper uses a partial durations approach, combined with convexity measures and maturity segmentation, to estimate the impact of the Euro area yield curve shifts on the values of...

Persistent link: https://www.econbiz.de/10010797722