Review on Determinants of Corporate Bond Spread on the Basis of Liquidity Risk
Available Online April 2016.
- https://doi.org/10.2991/emim-16.2016.260How to use a DOI?
- Corporate bond spreads; Bond age; Liquidity risk
- 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.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Jiemin Huang PY - 2016/04 DA - 2016/04 TI - Review on Determinants of Corporate Bond Spread on the Basis of Liquidity Risk BT - 6th International Conference on Electronic, Mechanical, Information and Management Society PB - Atlantis Press SP - 1274 EP - 1277 SN - 2352-538X UR - https://doi.org/10.2991/emim-16.2016.260 DO - https://doi.org/10.2991/emim-16.2016.260 ID - Huang2016/04 ER -