Review on Determinants of Corporate Bond Spread on the Basis of Liquidity Risk

被引：0
|
作者：
Huang, Jiemin [1 ]
机构：
[1] Shenzhen Inst Informat Technol, 2188 Longxiang Blvd, Shenzhen 086518172, Peoples R China
来源：
PROCEEDINGS OF THE 6TH INTERNATIONAL CONFERENCE ON ELECTRONIC, MECHANICAL, INFORMATION AND MANAGEMENT SOCIETY (EMIM) | 2016年 / 40卷
关键词：
Corporate bond spreads; Bond age; Liquidity risk; YIELD SPREADS; DEFAULT;
D O I：
暂无
中图分类号：
TP [自动化技术、计算机技术];
学科分类号：
0812 ;
摘要：
The scholars have analyzed the determinants of corporate bond spreads from the individual factors, and the company's primary liquidity risk analysis on the bonds term, age and so on. Some scholars as the missing variable liquidity risk, it was found to explain a small portion of investment grade bond spreads. We will review on the literature of corporate bond spread about liquidity risk, and will find the blank of their research. China bond market is maturing, but the Exchange corporate bond market is not mature enough, compared with European and American countries, China illiquid corporate bonds, and thus there is a big liquidity risk premium.
引用
收藏
页码：1274 / 1277
页数：4
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