Sökning: "US Corporate bonds"

Visar resultat 1 - 5 av 11 uppsatser innehållade orden US Corporate bonds.

  1. 1. Analys av kredit- och ränterisk över konjunkturcykler - En studie av amerikanska företagsobligationer


    Författare :Simon Boström; Emil Johansson; [2019-07-09]
    Nyckelord :US Corporate bonds; Credit spread; Credit rating; Volatility; Contingent claims pricing model;

    Sammanfattning : In recent years, the market for US corporate bonds has recovered from the financial crisis in 2008. Since the credit spread is of great importance to many stakeholders, this thesis has been written with the purpose to examining the underlying factors that affect the credit spread for US corporate bonds. LÄS MER

  2. 2. Green Investments Under Uncertainty : - A cross-quantilogram approach

    Master-uppsats, Linköpings universitet/Nationalekonomi; Linköpings universitet/Nationalekonomi

    Författare :Elsa Boyer de la Giroday; David Stenvall; [2019]
    Nyckelord :Green bonds; Renewable energy; Cross-quantilogram; Tail-dependence; Uncertainty;

    Sammanfattning : In this study, we analyze the quantile dependence for green bond returns and renewable energy stock returns with three major asset classes: corporate bonds, stocks and oil. Furthermore, we control the dependence structure for technology, uncertainties as well as lag structures and time-varying effects. LÄS MER

  3. 3. 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

  4. 4. On the Determinants of Underpricing in Corporate Bond Offerings

    Master-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Björn Aronsson; Daniel Tano; [2016]
    Nyckelord :Bond Underpricing; Underpricing; Initial Bond Offering; Swedish Bond Market; Credit Default Swap; Business and Economics;

    Sammanfattning : Money is often left on the table when corporations issue new securities. Explanations for the underpricing phenomenon are often related to information asymmetry between the investor and the issuer. In this study we investigate factors affecting underpricing on corporate bonds in the Swedish market. LÄS MER

  5. 5. Corporate Bond Credit Rating Biases: Issuance Frequency and Yield Spreads

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

    Författare :Axel Wikner; Samuel Marjamaa Hultgren; [2015]
    Nyckelord :corporate bonds; credit rating agencies; frequency; rating bias; rating inflation;

    Sammanfattning : We investigate whether rating agencies (S&P, Moody's and Fitch) award firms who issue corporate bonds frequently, and thereby contributing substantially to rating agencies' revenues, by providing unjustifiably high rating assessments. We also investigate the same bias for firm size and issue size. LÄS MER