standing as well as several bond and firms’ characteristics. We find that the effect is mainly driven by firms domiciled in …

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

We provide robust empirical evidence that uncovers the reason for the observed closer relationship between the bond … market versus the equity market and the macroeconomy. Our results indicate that the tight bond market-macroeconomy link is …

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 …

are turning to bond issue to maintain their liquidity and finance development projects. However, bondholders impose …'s indebtedness and ability-to-repay-debt financial ratios. This article discusses bond issue costs. The authors analyze the bond … issue programs of three of the four mining companies operating in Poland. The fourth company did not issue any bonds. Bond …