timed the bond market by shifting their issuance toward bonds eligible for the program. However, issuers of eligible bonds … bond market and in the default swap market, whereas the valuation of eligible bonds did not change relative to comparable … ineligible bonds. Firms took advantage of reduced risk premia by issuing riskier bond types. Using a novel and comprehensive …

We examine the relationship between lax monetary policy, access to high-yield bond markets and productivity in the US … around FOMC announcements, we isolate the increased access to high-yield bond markets relative to investment-grade bond … investors’ appetite for high-yield US corporate bonds, thereby increasing access to high-yield bond markets for firms with a …

We analyze the stock market response to a comprehensive international sample of 1,560 corporate green bond … announcements between January 2013 and January 2022. We do not find any significant market response to these green bond … methodology as it relates to event window length. Also, we find that in the year of the green bond announcements, the abnormal …

, which is more pronounced for higher maturities and when risk aversion proxied by bond market volatility is high. Going … forward, we expect German government debt supply to remain scarce, with important implications for the ECB's monetary policy …