green bond returns and volatilities. On the whole, the evidence suggests weaker linkages, and thus a lower degree of …

returns, bond issuance, and balance sheet data for U.S. bank holding companies. The results add to our understanding of market …

bond proceeds is used for refinancing ordinary debt, continuing ongoing projects, or initiating projects without green … aspects that are novel for the issuer. Only 2% of corporate and municipal green bond proceeds initiate projects with clearly … yields, announcement effects, green bond index inclusion, and green bond fund holdings are uncorrelated with additionality …

In this paper we estimate and interpret the factors that jointly determine bond returns of different maturities in the … US, Germany and Japan. We analyze both currency-hedged as well as unhedged bond returns. For currency-hedged bond returns …, we find that five factors explain 96.5% of the variation of bond returns. These factors can be associated with changes in …

We develop a structural bond pricing approach and implement it on a large panel of US industrial bonds using an … form models. Furthermore, our analysis provide evidence that bond yield spreads incorporate a substantial liquidity … spreads ; default ; structural bond pricing models …

between the stock's earnings and bond yields. The novelty of our econometric methodology consists in using a vector error … that the stock's earnings yield followed the bond yield in both the short- and long-run, but not the other way around …

This article examines whether there is a correlation between the government bond markets of Asian countries and those … of the USA, and whether the efforts of international organizations to improve bond markets have had any effect in East … Asia. Because the sizes of the government bond markets are larger than those of the corporate bond markets in East Asia …