Liquidity premium in global corporate bonds.

• المؤلفون الرئيسيون: Hu, Enwei., Chiang, Spencer Weijie., Tan, Jason Seng Giap.
• مؤلفون آخرون: Zhang Lei
• التنسيق: Final Year Project
• اللغة: English
• منشور في: 2011
• الموضوعات: DRNTU::Business::Finance::Fixed income::Bonds
• الوصول للمادة أونلاين: http://hdl.handle.net/10356/43849

This paper examines the effect of liquidity shocks on the pricing of corporate bonds from a global perspective. We study the exposure of global corporate bond returns to the equities markets and sovereign liquidity risk over the period of 1999 to 2009. We discover that there is negative relationship...