The determinants of credit spread changes
Article Abstract:
The paper attempts to elucidate the factors determining changes in credit spreads in industrial bonds by using transaction prices and dealers' quotes. Research results indicate that changes in credit spreads are primarily influenced by supply and demand.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Characteristics of risk and return in risk arbitrage
Article Abstract:
A paper analyzing 4,750 mergers to research risk arbitrage is presented. Research results reveal that risk arbitrage creates excess returns of 4% annually.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Determinants of international financial services. Aspects of international financial services. international investment in financial services
- Abstracts: Intersecting with specialty pharmaceuticals. Memory Pharmaceuticals Corp
- Abstracts: A matter of interpretation. US dangles listing carrot. Blueprint for the future
- Abstracts: Trunk strength in combined motions of rotation and flexion/extension in normal young adults. Torque and EMG in isometric graded flexion-rotation and extension-rotation
- Abstracts: Evaluating mutual fund performance. Do credit spreads reflect stationary leverage ratios?