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

interest rates. While bond yields are not fully efficient?reflecting regulation, liquidity, and segmentation?we find they …: changes in PBC rates influence the structure of Treasury, financial, and corporate bond yield curves, which are then …

PPG bond stock, as well as sovereign spreads, we employ panel data analysis to examine factors related to the increase in … 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 …

interest-rate derivative markets, and their use by governments. Their stabilizing properties imply that, when bond prices fall …

The paper reviews the historical experience of developing countries with bond issues in international markets in order … to put the recent wave of bond financing by these countries in some perspective. It examines developments in the early … part of this century and during the mid-1970s and early 1980s. The sources and the role played by bond financing during …

banks—on bond yields for a sample of 45 advanced and emerging market economies. The results show that, while bond yields …