Essays about: "Corporate bond market"

Showing result 21 - 25 of 90 essays containing the words Corporate bond market.

1. 21. The stock market reaction due to green bond issuance announcements on the European Market : An empirical investigation of abnormal rertuns when corporate green bond issuances are announced.

   University essay from Uppsala universitet/Företagsekonomiska institutionen

   Author : Marcus Ingemansson; Erik Stjernfeldt; [2022]
   Keywords : Corporate green bond issuance announcements; Stock market reaction; Abnormal returns; European market; Environmental performance;

   Abstract : This study examines how the stock market reacts when a publicly-listed company announces a corporate green bond issuance in the European market. We examine 155 corporate green bond issuance announcements from 2017 to 2021 made by companies listed on the European stock exchange. READ MORE

3. 22. Swedish green bond market: do firms benefit from green bonds through a lower cost of capital?

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Yosua Sihombing; Márta Vidéki; [2022]
   Keywords : Green bond; Green premium; Stock price reaction; Investor attention;

   Abstract : Green bonds are one of the most important assets in sustainable finance that are projected to reach a market size of USD 1 trillion by the end of 2022. This thesis looks into the Swedish corporate bond market from 2014 to March 2022 with the goal of understanding if firms benefit from a lower cost of capital through the issuance of green bonds. READ MORE

4. 23. Pricing of Embedded Options: Implementing Stochastic Interest Rates & Stochastic Spread

   University essay from Lunds universitet/Matematisk statistik

   Author : Jan Müller; [2022]
   Keywords : Option pricing; Callable bonds; Affine term structure models; Hull-White one-factor; Hull White two-factor; Trinomial trees; Short rate; Default intensity; Swaption volatilities; Black-76; Credit derivatives; Calibration; Optimisation.; Mathematics and Statistics;

   Abstract : Given the current market climate, in an era of negative interest-rates, the Hull-White model has regained popularity in the eyes of investors. This thesis aims to extend this model to incorporate credit risk, to allow the modelling of credit derivatives such as diff swaps, defaultable corporate bonds and credit default swaps. READ MORE

5. 24. THE EXPANSION OF THE SWEDISH HIGH YIELD CORPORATE BOND MARKET - An abductive research of the development and nature of the Swedish high yield corporate bond market of the 2010s

   University essay from Göteborgs universitet/Företagsekonomiska institutionen

   Author : Carl Rosengren; Fanny Söderström; [2021-07-28]
   Keywords : High Yield; Swedish Corporate Bond Market; Capital markets;

   Abstract : The time period spanning from 2010-2020 was to the Swedish economy initially characterized as a phase of recovery from the financial crisis of 2007-2008, and furthermore a decade of rather stable economic growth without any major disrupting elements of crises or recessions. In this overall favourable economic environment, the corporate bond market, and more explicitly - the high yield corporate bond market, has stood out with an extraordinary growth of over 1000% during the given time period. READ MORE

6. 25. Green bond premiums: A comparison between the primary and secondary debt capital markets

   University essay from

   Author : Erik Engström; [2021-07-02]
   Keywords : ;

   Abstract : Could green bonds act as a relatively cheap alternative to conventional bonds when aiming to fund sustainable investments? An increased need to allocate funds towards carbon neutral projects in recent years has spurred a rapid growth of the green bond market. However, not enough evidence to support a consensus exists regarding the pricing of green bonds. READ MORE