Image of Analisis faktor-faktor yang mempengaruhi sensitivitas obligasi korporasi terhadap perubahan tingkat suku bunga di Indonesia (periode 2004 - 2007)

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Analisis faktor-faktor yang mempengaruhi sensitivitas obligasi korporasi terhadap perubahan tingkat suku bunga di Indonesia (periode 2004 - 2007)

As we know, when investor having investment in bond market, major risk faced by an investor is interest rate risk. Interest rate risk refers to the changes in market rates of interest which have a direct effect on bond investment. As interest rates rise, the price of bond will fall, as interest rates fall the price of a bond will rise. The aim of this research is to determine factors that influence bonds sensitivity to interest rate alteration that represents by bonds duration. This research also want to see which bonds that have high sensitivity to interest rates changes and low sensitivity to interest rates changes during research period. Sampel data that used in this research is 35 corporate bonds that listing in BEI period 2004-2007. This research using panel data. Result of this research showing that dominant factor that influence bond duration is time to maturity and yield to maturity. Ada tabel

Ketersediaan

Call NumberLocationAvailable
6315PSB lt.2 - Karya Akhir1
Penerbit Depok Departemen Manajemen, Fakultas Ekonomi Universitas Indonesia.,
Edisi -
Subjek Financial management
Investment analysis
Bonds : Interest rates
ISBN/ISSN -
Klasifikasi -
Deskripsi Fisik xiii, 90 p. : diagr. ; 30 cm.
Info Detail Spesifik -
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