Essays about: "corporate bond spread"

Showing result 21 - 25 of 33 essays containing the words corporate bond spread.

  1. 21. Corporate Bond Credit Rating Biases: Issuance Frequency and Yield Spreads

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Axel Wikner; Samuel Marjamaa Hultgren; [2015]
    Keywords : corporate bonds; credit rating agencies; frequency; rating bias; rating inflation;

    Abstract : We investigate whether rating agencies (S&P, Moody's and Fitch) award firms who issue corporate bonds frequently, and thereby contributing substantially to rating agencies' revenues, by providing unjustifiably high rating assessments. We also investigate the same bias for firm size and issue size. READ MORE

  3. 22. Liquidity and corporate bond pricing on the Swedish market

    University essay from KTH/Matematisk statistik

    Author : Peter Nguyen Andersson; [2014]
    Keywords : ;

    Abstract : In this thesis a corporate bond valuation model based on Dick-Nielsen, Feldhütter, and Lando (2011) and Chen, Lesmond, and Wei (2007) is examined. The aim is for the model to price corporate bond spreads and in particular capture the price effects of liquidity as well as credit risk. READ MORE

  4. 23. The Emergence of High Yield Bonds in the Nordic Region - An Empirical Study about the Characteristics and Rationale

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Xiaying Zhou; [2014]
    Keywords : High yield bonds; Leveraged loans; Credit spread; Nordic region; Europe;

    Abstract : In the Nordic region, companies have traditionally had a strong relationship with their lending banks. For this reason, bank loans have accounted for a significant portion of the corporate funding. However, after the financial crisis, a new trend was detected in the Nordic corporate bond market, especially among high yield bonds. READ MORE

  5. 24. High Yield corporate bonds : Now also possible with top funding for real estate through a new type of bond trading

    University essay from KTH/Fastigheter och byggande

    Author : Keyvan Houshmand; [2013]
    Keywords : Corporate Bonds; Bond Trading; Real Estate; Financing; Företagsobligationer; Obligationshandel; Fastigheter; Finansiering;

    Abstract : Bankerna har på senare tid blivit allt mer återhållsamma i sin utlåning riktat mot kommersiella fastigheter. Detta är en utveckling som förväntas att öka i takt med alla nya normer men framförallt regleringar inom bankväsendet. READ MORE

  6. 25. The Effect of Conservative Accounting on the Bondholder-Shareholder Conflict and Cost of Debt

    University essay from Företagsekonomiska institutionen

    Author : Felix Nordlind; Samuel Lucki Racana; [2013]
    Keywords : Conservative Accounting; Bondholder-Shareholder Conflict; Corporate Debt; Bond Spread; Dividend Policy; Norway;

    Abstract : Prior research on conservative accounting and bondholder-shareholder conflict show that firms with higher degree of conservatism experience less austere conflict and lower cost of debt. However, since the implementation of IFRS in 2005, conservatism has been widely reduced in favor of fair value principles. READ MORE