, which is more pronounced for higher maturities and when risk aversion proxied by bond market volatility is high. Going …

bond issuers relative to other firms, but no difference for green loan and sustainability-linked loan borrowers. Green bond …

This study empirically analyzes the determinants of bond market development in a cross section of 23 sub …-Saharan African (SSA) countries between 1990 and 2008. It considers the stage of development and the size of the bond market, as well … as the historical, structural, institutional and macroeconomic factors driving bond market development in SSA. The study …

African bond markets have been steadily growing in recent years, but nonetheless remain undeveloped. African countries … corporate bond markets in Africa. It then applies an econometric model to analyze the key determinants of African government … securities market and corporate bond market capitalization. Government securities market capitalization is directly related to …

very liquid market. In this paper, we examine the two largest ""jumbo"" covered bond markets, Germany and Spain. We show … how movements in covered bond prices can be used to analyze the credit developments of the underlying issuer and the …

fundamentals and/or external variables-have contributed to the surge in external bond issuance by these LICs, which we refer to in … our paper as 'frontier economies'. Using data on public and publicly guaranteed (PPG) external bond issuance, outstanding … PPG bond stock, as well as sovereign spreads, we employ panel data analysis to examine factors related to the increase in …

This study explores the determinants of corporate bond spreads in emerging markets economies. Using a largely … unexploited dataset, the paper finds that corporate bond spreads are determined by firm-specific variables, bond characteristics …