Question
Topic; Corporate Bond Yields and Liquidity Risk: An Analysis of U.S market and Bangladesh market What are the determinants of returns on corporate bonds? Since
Topic; Corporate Bond Yields and Liquidity Risk: An Analysis of U.S market and Bangladesh market
What are the determinants of returns on corporate bonds?
Since corporations may default, the returns on their bonds must incorporate a premium for such risk. For safe (so-called "investment-grade") bonds however, the risk of default is very low (less than 0.1%) and cannot explain the returns observed. What other factors are at play? Does market liquidity risk affect the pricing of corporate bonds? How are the yields of Bangladesh corporate bonds determined?
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Public Finance A Contemporary Application of Theory to Policy
Authors: David N Hyman
11th edition
9781305474253, 1285173953, 1305474252, 978-1285173955
