perceived default risk, bond prices, and haircuts by maturity … than those on debt of longer maturity. In a standard asset pricing model, we show that increasing short-run default risk in …

bond issuers relative to other firms, but no difference for green loan and sustainability-linked loan borrowers. Green bond …

bond returns are high. At the bank level, bondholdings correlate negatively with subsequent lending during sovereign …

sovereign riskiness, implicit in traded bond prices. This allows the above results to be interpreted as explaining the cross …

We study the relationship between default and the maturity structure of the debt portfolio of a Sovereign, under …

This paper examines equilibrium price relationships and price discovery between credit defaul swap (CDS), bond, and … equity markets for emerging market sovereign issuers. Findings suggest that CDS and bond spreads converge despite various … bond and CDS markets and the equity markets. As for price discovery, our results are mixed. This stands in contrast to the …

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 …

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 …

, which is more pronounced for higher maturities and when risk aversion proxied by bond market volatility is high. Going …