Search for Yield in Large International Corporate Bonds : Investor Behavior and Firm Responses

Search for Yield in Large International Corporate Bonds : Investor Behavior and Firm Responses

Emerging market corporations have significantly increased their borrowing in international markets since 2008. This paper shows that this increase was driven by large-denomination bond issuances, most of them with face value of US$500 million. Larg...

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Bibliographic Details
Main Authors: Calomiris, Charles W., Larrain, Mauricio, Schmukler, Sergio L., Williams, Tomas
Format: Book
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
BOND ISSUE
CORPORATE FINANCE
BENCHMARK INDEX
EMERGING MARKET ECONOMIES
INSTITUTIONAL INVESTOR
CORPORATE BONDS
CORPORATE DEBT
Online Access:http://documents.worldbank.org/curated/en/521151560780812693/Search-for-Yield-in-Large-International-Corporate-Bonds-Investor-Behavior-and-Firm-Responses
http://hdl.handle.net/10986/31903

Internet

http://documents.worldbank.org/curated/en/521151560780812693/Search-for-Yield-in-Large-International-Corporate-Bonds-Investor-Behavior-and-Firm-Responses
http://hdl.handle.net/10986/31903

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