cover pool and the payment structure. They offer unified risk metrics for the European covered bond universe, which ensures …

This paper provides the first evidence of the debt and stock market reaction to corporate green bond issuance in the … of the Chinese green bond pricing premium is greatly larger than that of an international green bond documented in prior … by long-term institutional investors. Further analysis reveals positive announcement stock returns for green bond new …

we can compute a bond invoice i.e., the present value for a given cash investment in the bond. We present the classical … bond pricing formulae and show how to modify this formula to account for accrued interest.To be able to evaluate bond cash … the bond. There is no closed-form analytical solution. Therefore, it must be solved for using an optimization algorithm …

analyst coverage links documented in the literature. The cross-return predictability is not significant in the bond market … response to news regarding bond-linked peer firms. Overall, our results are consistent with limited investor attention due to … market segmentation between the equity and bond markets …

We examine portfolio trading and its impact on corporate bond liquidity. Our theoretical framework identifies how … trading is generally beneficial to bond market liquidity, particularly so for riskier and illiquid bonds. However, we also …

We present a discrete time model of expected bond returns (EBR). These are ex-ante expectations implied by the market … prices and the data set available when bond prices are quoted. The model can be used to estimate the rating-adjusted EBR, its … implement the model using corporate bond transaction data from the United States and a rating agency transition matrix to …

emerging market Brady bond futures contracts. This is intriguing because at a time when interest in hedging and speculating in … counter CDS contract acted as a substitute product for the Brady bond futures contract thereby undermining the Brady bond …