Given the sharp increase of bond yield spreads and the considerable losses to the value of bond portfolios during the … recent financial market crisis, the reliable estimation of haircuts on bond values has become increasingly important. The …

Yield spreads on Thai bonds are analysed to assist in bond investment decisions. Higher spreads logically indicate … higher risks. To study the determinants of yield spreads, the variables are divided into four groups; bond characteristics … December 2010. Empirical results from a panel fixed effects regression model indicates significant factors as time to bond …

I study the information content of bond ratings changes using daily corporate bond data from TRACE. Abnormal bond … significant, although the reaction to upgrades is economically small. Monthly abnormal bond returns around downgrades and upgrades … bond market, the stock market reaction to upgrades is statistically insignificant. Evidence suggests that the differing …

bonding legislation and its problems and the current bond claim process. Part B examines reform ideas and potential movements …

firms in affected zones. Our research highlights a novel bond pricing factor associated with sudden natural disasters …

coupon payments can be reinvested at a rate equal to the yield to maturity,(ii) that the bond is held to maturity We show …

we can compute a bond invoice i.e., the present value for a given cash investment in the bond. We present the classical … bond pricing formulae and show how to modify this formula to account for accrued interest.To be able to evaluate bond cash … the bond. There is no closed-form analytical solution. Therefore, it must be solved for using an optimization algorithm …

This paper provides a comparative analysis of project finance (PF) and traditional corporate finance (CF) bond spreads … higher than that of comparable CF bond deals. We also find that economies of scale, risk management, and information …