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Persistent link: https://www.econbiz.de/10010344370
demonstrates how variation in bond prices is related to variation in repo rates on collateralized loans against bonds. I …
Persistent link: https://www.econbiz.de/10013128343
This paper deals with issues related to the choice of the interest rate model to price interest rate derivatives. After the development of the market models, choosing the interest rate model has become almost a trivial task. However, their use is not always possible, so that the problem of...
Persistent link: https://www.econbiz.de/10013130645
foot-print of sector rotation has predictive power for the evolution of the economy and future bond market returns, even …
Persistent link: https://www.econbiz.de/10013135882
The maturity of new debt issues predicts excess bond returns. When the share of long-term debt issues in total debt … issues is high, future excess bond returns are low. This predictive power comes in two parts. First, inflation, the real … short-term rate, and the term spread predict excess bond returns. Second, these same variables explain the long-term share …
Persistent link: https://www.econbiz.de/10013113283
demonstrates how variation in bond prices is related to variation in repo rates on collateralized loans against bonds. I …
Persistent link: https://www.econbiz.de/10013120483
loan, can also be done with bonds, such bonds. Thus, investors or issuers to always pay attention to fluctuations in bond … websites and papers before. IRATE has positive and significant impact on bond. Thus, the higher the IRATE then the bond will … increase. This shows that the IRATE considered by investors in deciding to bond transactions in the Indonesia Stock Exchange …
Persistent link: https://www.econbiz.de/10013121148
The maturity of new debt issues predicts excess bond returns. When the share of long-term debt issues in total debt … issues is high, future excess bond returns are low. This predictive power comes in two parts. First, inflation, the real … short-term rate, and the term spread predict excess bond returns. Second, these same variables explain the long-term share …
Persistent link: https://www.econbiz.de/10013076379
This paper analyzes the joint dynamic processes of macroeconomic and monetary variables and bond yields in China. We … changes in macroeconomic and monetary variables. These results differ from an earlier study on bond yields by Ang and Piazzesi …
Persistent link: https://www.econbiz.de/10013158647
debt by encouraging bond issues to contain call features. Are the interest rate effects associated with these policies …
Persistent link: https://www.econbiz.de/10012777104