In traditional bond markets, sovereign bonds provide benchmarks and serve as catalysts for the corporate bond market … development. Contrary to the usual sequence of bond market development, sovereign issuers are latecomers to sustainable bond … markets. Yet, our empirical study finds that sovereign green bond issuance can have quantitative and qualitative benefits for …

conventional bond and equity prices are driven by common factors. Likewise, especially in recent years, Islamic banks have …

that the extent to which fiscal variables affect domestic bond yields in emerging economies depends on the level of global … domestic bond yields in emerging economies. However, when market participants are on edge, they pay greater attention t …

This study characterizes volatility dynamics in external emerging bond markets and examines how prices and volatility … respond to news about macroeconomic fundamentals. As in mature bond markets, macroeconomic surprises in external emerging bond … longer lasting than those on prices. Yet the process of information absorption tends to be more drawn out than in mature bond …

emerging market (EM) bond and stock markets are analyzedduring the latest crisis. A multivariate GARCH model is estimated in …

This study empirically analyzes the determinants of bond market development in a cross section of 23 sub …-Saharan African (SSA) countries between 1990 and 2008. It considers the stage of development and the size of the bond market, as well … as the historical, structural, institutional and macroeconomic factors driving bond market development in SSA. The study …

, whereas capital flows induced by foreign investors’ transactions in government bond markets do not. We relate these … investors in the stock, bond, and onshore FX markets of Thailand. …