Sökning: "European corporate bond spreads"

Visar resultat 1 - 5 av 7 uppsatser innehållade orden European corporate bond spreads.

1. 1. Financial Frontlines: Assessing the impact of the Russia-Ukraine conflict on the European corporate bond market

   D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Författare :Clemens Lässle; Ragnar Turesson; [2023]
   Nyckelord :Corporate bonds; Credit spreads; Russia-Ukraine war;

   Sammanfattning : This paper investigates how European firms accessed the corporate bond market during the Russia-Ukraine war. Using a comprehensive dataset of European bond issues from 2017-2023, we find that fewer bonds were issued during the war than in previous periods, particularly Russian bonds and those denominated in Rubles. LÄS MER

3. 2. PEPP Talk: The Impact of the ECB's Pandemic Emergency Purchase Programme on the Corporate Bond Market

   Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

   Författare :Lorenzo Gianni Günther; Emma Lundblad; [2022]
   Nyckelord :Quantitative Easing; The European Central Bank; The Pandemic Emergency Purchase Programme; Corporate Bonds; Covid-19; Credit Spread; Business and Economics;

   Sammanfattning : Purpose: This thesis aims to evaluate whether the ECB’s Pandemic Emergency Purchase Programme (PEPP) cushioned the Covid-19 crisis’ impact on the Euro area’s corporate bond market and relieved borrowing conditions. Methodology: The methodology is based upon unbalanced panel data and difference-in-differences regressions with firm-clustered standard errors. LÄS MER

4. 3. Credit Spread Changes in the Euro Area - An Empirical Study of the Relationship Between Interest Rates and Credit Spreads in the Euro-denominated Corporate Bond Market

   Kandidat-uppsats,

   Författare :Hampus Johansson; Rickard Rehnberg; [2017-07-07]
   Nyckelord :;

   Sammanfattning : The behaviour of credit spreads is of importance for a wide array of stakeholders. We test the relationship between changes in risk-free interest rates and credit spreads in European bond market by running OLS regressions using weekly European market data for investment grade and non-investment grade bond indices. LÄS MER

5. 4. Structural Modelling of Credit Spreads on the European Bond Market: An Empirical Study

   Master-uppsats, Lunds universitet/Matematisk statistik

   Författare :Marcus Zethraeus; Magnus Roos; [2017]
   Nyckelord :Structural models; Merton model; Black Cox model; European corporate bond spreads; Mathematics and Statistics;

   Sammanfattning : This thesis empirically tests the explanatory power of structural models on the European corporate bond market. Using new evaluation methods, including LASSO and gradient boosting regression, we can provide an in-depth assessment of the models’ shortcomings. LÄS MER

7. 5. The Effect of Monetary Policy on the European Corporate Bond Market - Evidence from the yield and credit spread curve term structure

   C-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Författare :Ida Marta Metsis; Laura Lindberg; [2017]
   Nyckelord :Monetary policy; Corporate bonds; Interest rate; Quantitative easing; Yield curve;

   Sammanfattning : This paper examines the effect of monetary policy mechanisms used by the European Central Bank on the euro-denominated corporate bond market. The focus of the paper is to analyse the impact of the central bank set interest rate for main refinancing operations (MRO) and two of the recent quantitative easing programmes - Public Sector Purchase Programme and Corporate Sector Purchase Programme - on the entire corporate yield curve. LÄS MER