Taking coupons into account
Sara Cecchetti and Antonio Di Cesare show that bond yields and spreads are not good indicators of default risk – and that coupon rate is an important driver of the yield curve
Subscriber-only article
This article is available only to Creditflux subscribers and free trial users within 30 days of publication.
Already a subscriber? Not logged in? Click here to login.
If you have not already done so,
you may request a FREE TRIAL by clicking here
This trial will give you:
- 4-weeks' free online access to our
most recent subscriber-only articles - Daily breaking news alert sent by email
- A print copy of Creditflux
If you currently have a free trial, you will see this message when you try to view articles older than 30 days.
To Creditflux: Very interesting article. Wanted to get the paper. Struggle!!! I couldn't mark & copy the name of the paper to google it, nor was their a hyperlink to click on... I understand your legitimate ambition to protect content, but sometimes it goes a bit to far maybe.... in cases like this a hyperlink, or a free section that can be copied would be highly appreciated!
Newsletter
- CLO managers laud market’s shift away from direct lending 15 days ago
- European CLOs are pricing this year but market is falling further behind US 15 days ago
- Advantages of non-sponsored direct lending recognised as pensions increase allocations 15 days ago
- Arrangers optimistic on prospects for CLO-like recurring revenue deals 15 days ago
- APAC investors target private credit opportunities in Australia after quitting China 15 days ago
Comment by: Mike Peterson. Posted 9 years ago [2014-08-07 13:54:52]