(Korean Abstract) 최근 ESG(환경, 사회, 지배구조)에 대한 관심이 높아지면서 ESG 평가 및 데이터에 관한 관심 역시 높아지고 있다. ESG 평가기관은 기업의 지속가능공시 등을 참고하여 ESG 데이터를 수집하고 자체 기준에 따라 ESG...

We analyse the determinants of the variation of option-adjusted credit spreads (OASs) on a unique database that enlarges the traditional scope of analysis to more disaggregated indexes (combining industry, grade and maturity levels), new variables (volumes of sales and purchases of institutional...

In this essay, we investigate corporate bond trading in a fully pre-trade transparent market environment using a unique data sample from the Swiss corporate bond market. Contrary to the U.S. market, the Swiss market lists corporate bonds in a central limit order book (CLOB). While dealers place...