International Pricing of Emerging Market Corporate Debt : Does the Corporate Matter? /

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 also matter significantly in a way consistent with theory and experience in mature mark...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Keller, Sonja
Weitere Verfasser: Mody, Ashoka
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2010.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2010/026
Online Zugang:Full text available on IMF