Showing 1 - 10 of 891,034
-currency-denominated bonds. In particular, we investigate whether bond issuers choose their issuance currency in order to exploit the borrowing …
Persistent link: https://www.econbiz.de/10003794028
-currency-denominated bonds. In particular, we investigate whether bond issuers choose their issuance currency in order to exploit the borrowing …
Persistent link: https://www.econbiz.de/10013316472
Global bonds are debt securities placed in multiple markets with globally connected trading and clearing mechanisms …
Persistent link: https://www.econbiz.de/10013308158
Focusing on five major emerging markets (EM), I investigate the interactions between credit default swap (CDS) premiums, foreign exchange (FX) parities, local currency government bond (LCB) spreads, and national stock market indices over the period 4/2/2007 to 8/27/2009. Empirical analysis...
Persistent link: https://www.econbiz.de/10013128666
profiling. The methods are applied to offshore versus onshore Chinese fixed interest markets, where 'dim sum' bonds and offshore …
Persistent link: https://www.econbiz.de/10013059975
We investigate whether characteristics of the home country capital market environment, such as information disclosure and investor rights protection, continue to affect ADRs cross-listed in the U.S. Using microstructure measures as proxies for adverse selection, we find that characteristics of...
Persistent link: https://www.econbiz.de/10013116465
On September 3-4, 2009, SUERF and Utrecht University School of Economics jointly organized the 28th SUERF Colloquium on "The Quest for Stability" in Utrecht, the Netherlands. The papers contained in this SUERF Study jointly published with DNB and Rabobank are based on contributions to this...
Persistent link: https://www.econbiz.de/10011706507
Persistent link: https://www.econbiz.de/10008737381
Global bonds are international securities designed to be traded and settled efficiently in multiple markets. This paper … studies global bonds to examine the effects of multimarket trading on corporate bond liquidity, prices, and the cost of debt …. Using a sample of primary and secondary market transactions matched by issuer, I find that global bonds command a …
Persistent link: https://www.econbiz.de/10003973581
Global bonds are international securities designed to be traded and settled efficiently in multiple markets. This paper … studies global bonds to examine the effects of multimarket trading on corporate bond liquidity, prices, and the cost of debt …. Using a sample of primary and secondary market transactions matched by issuer, I find that global bonds command a …
Persistent link: https://www.econbiz.de/10013142590