Purpose – This paper aims to study the market dynamics of corporate bond yield spread in India and tried to identify the possible factors affecting bonds' liquidity, credit quality and therefore their yield spreads.Design/methodology/approach – A large sample of daily corporate bond trade...

The capital market of an economy is considered to be well developed, only when a parallel development is ensured both in the equity and the debt segment. There is no doubt that the equity market in India is quite well developed and plays a crucial role in the growth of Indian economy. At the...