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bond issuers relative to other firms, but no difference for green loan and sustainability-linked loan borrowers. Green bond …
Persistent link: https://www.econbiz.de/10012605577
economies between 2010 and 2017. Since 2010, firms have started to rely more on corporate bond markets and have used part of …
Persistent link: https://www.econbiz.de/10012252676
African bond markets have been steadily growing in recent years, but nonetheless remain undeveloped. African countries … corporate bond markets in Africa. It then applies an econometric model to analyze the key determinants of African government … securities market and corporate bond market capitalization. Government securities market capitalization is directly related to …
Persistent link: https://www.econbiz.de/10012670991
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 …
Persistent link: https://www.econbiz.de/10014403192
This paper identifies factors that contributed to the development and effectiveness of debt securities markets in the major advanced economies. Government securities markets have benefited from their international orientation—debt management is most effective when it is independent of monetary...
Persistent link: https://www.econbiz.de/10014403369
The paper reviews the historical experience of developing countries with bond issues in international markets in order … to put the recent wave of bond financing by these countries in some perspective. It examines developments in the early … part of this century and during the mid-1970s and early 1980s. The sources and the role played by bond financing during …
Persistent link: https://www.econbiz.de/10014398220
interest rates. While bond yields are not fully efficient?reflecting regulation, liquidity, and segmentation?we find they …: changes in PBC rates influence the structure of Treasury, financial, and corporate bond yield curves, which are then …
Persistent link: https://www.econbiz.de/10014398318
, which is more pronounced for higher maturities and when risk aversion proxied by bond market volatility is high. Going …
Persistent link: https://www.econbiz.de/10012154614
sovereign bonds during 32 crises since 1998, taking into account losses from bond exchanges as well as profits before and after …
Persistent link: https://www.econbiz.de/10012102075
We analyze the long-run impact of emerging-market sovereign bond yields on corporate bond yields, finding that the …
Persistent link: https://www.econbiz.de/10012612337