from government bond trading using Nelson-Siegel functional form. This decomposition of the yield curve highlights …

explains the historical development and several current features of the Japanese bond market, and discusses why credit ratings … gained a significant role in the 1990s. We also present empirical research on credit ratings in the Japanese bond market, and …

behaviour would be the tendency for the equity and bond prices to move together more than would be predicted by their shared …

bond markets versus equity markets. Using a dataset of 42 developed and developing countries, we document that a country … indicate that in countries with stronger creditor rights, the bond markets are more developed than the equity markets …. Alternatively, in countries with stronger shareholder rights, the equity markets are more developed than the bond markets …

important to have a well run and liquid corporate bond market that can play a critical role in supporting economic development … financing needs to facilitate such growth. A well developed corporate bond market can be the optimal alternative, not only to … corporate bond market, vis-à-vis the other developed markets, and attempted to explain the movements and changes taken place in …

for bond and forward prices. The benchmark or numeraire is chosen to be the growth optimal portfolio (GOP). For … deterministic short rate the solution of the bond term structure equation coincides with the explicit formula obtained in Platen …(2005). The resulting term structure equations are used to explain moves in bond and forward prices by introducing GOP as a …