
International Pricing of Emerging Market Corporate Debt : Does the Corporate Matter? »
Journal Issue
Volume/Issue: 2010/26
Series: IMF Working Papers
Author(s): Sonja Keller , and Ashoka Mody
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2010
DOI: http://dx.doi.org/10.5089/9781451962475.001
ISBN: 9781451962475
Keywords: Corporate bonds, bond spreads, Fama-French factors, equity returns, bonds, bond, General Financial Markets, Corporate Finance And Governance,
We examine risk spreads charged on corporate bonds placed by emerging market borrowers on international exchanges. While global developments have an important effect on spreads, changes in firm-level default risk a...