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.3%. In this month, monetary policy operations achieved a net money withdrawal for the amount of RMB320 billion, and the bond … repo rates showed ups and downs. Bond yields went down in general, and the ChinaBond New Composite Index rose slightly …. Bond settlements processed at CCDC rose by 23.6% year-on-year, and foreign investors continued to raise their holdings …
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bond market from the same bond market's weight in global bond market, we investigate the determinants of foreign and … domestic investment biases in 41 global bond markets. We find that foreign investors significantly overweigh markets that offer …. Such return driven behavior of foreign investors is especially pronounced in emerging bond markets. Meanwhile, home bias is …
Persistent link: https://www.econbiz.de/10011791937
bond market from the same bond market's weight in global bond market, we investigate the determinants of foreign and … domestic investment biases in 41 global bond markets. We find that foreign investors significantly overweigh markets that offer …. Such return driven behavior of foreign investors is especially pronounced in emerging bond markets. Meanwhile, home bias is …
Persistent link: https://www.econbiz.de/10012917758
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to 15,000 unique U.S. corporate bonds between 2003 and 2016, we show that declining home-country interest rates lead … investors to shift their portfolios toward riskier U.S. corporate bonds, consistent with "search-for-yield". We estimate even …
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