Dubinski has obtained from Blaine’s banker the quotes shown below for default spreads over 10-year Treasury bonds (note that these differ from the more general corporate bond yields shown in Exhibit 4.). What do these quotes imply about BKI’s cost of debt at the various debt levels and ...
On Monday, the central bank injected 200 billion yuan ($30.44 billion) of liquidity through its medium-term lending facility, a policy tool to increase lending in the interbank system, aiming to rein in the soaring bond y...
Credit spreads tighten, helping to offset some of the damage to bond portfolio values caused by rising sovereign-debt yields. No currency trends are discernible among the Big Four (dollar, euro, yen, pound) but emerging-market currencies likely rise versus the developed world. Finally, ...
Stock and bond yields to buy capital goods is produced by the future profits to protect. 第七单元 1.我们已为下列的船货物按5400美元保险额投综合险。 We have the following ship the goods according to $5400 for insurance against all risks. 2.由于你公司持有保险单,希望你公司能先付款,然后向保险...
What area of bond markets should we be most focussed on as we head into 2023 and 2024? Well, if inflation is going back to target fast, I would be most focussed on long dated government bonds where yields are at around 3.5% in the US and UK and at arou...
3. Preferred Stock Preferred stock doesn’t offer a corporate tax shield on the dividends paid.Why do we still observe some firms issuing preferred stock?4. Preferred Stock and Bond Yields The yields on nonconvertible preferred stock are lower than the yields on corporate bonds. Why is there ...
These results indicate that state antitakeover laws tend to decrease bond yields and increase bond values, which is the opposite of their effect on equity values. This, in turn, implies that state laws help mitigate the agency cost of debt by shielding bondholders from expropriation in ...
corporate bond yields and top-management compensation structures, and (2) the announcement effect of adoption of executive stock option plans on bond prices... TA John,K John - 《Journal of Finance》 被引量: 800发表: 2012年 Assessing asset purchases within the ECB's securities markets programme...
Chapter 1 explores the effect of equity volatility on corporate bond yields.{09}Panel data for the late 1990's show that idiosyncratic firm-level volatilit... GB Taksler - Harvard University. 被引量: 0发表: 2002年 加载更多来源期刊 Journal of Central University of Finance & Economics 2014-02...
1. In the government bond market, yield curve flattening as investors extend durations, with outperformance of long/super-long sectors. 2. In the corporate bond market, investors favor higher-graded bonds as a means of compensating for lost carry gains due to declining government bond yields. 3...