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...

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Detalhes bibliográficos
Autor principal: Keller, Sonja
Outros Autores: Mody, Ashoka
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2010.
Colecção:IMF Working Papers; Working Paper ; No. 2010/026
Acesso em linha:Full text available on IMF