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The credit risk dynamics of international bonds: the Indonesian case
The objective of this paper is to test how market-determined local-, global- and US based factors explain the behaviour of Indonesian credit spreads. Using a specifi asset class of bonds issued in the international market by the Indonesian government, this paper provides evidence confirming the importance of major local and global macroeconomic variables in pricing risky debt issued by Indonesia. Using US dollar? denominated bonds ranging from shorter- to longer-maturity groups, this study provides insights into the role of these determinants in the pricing process. Given the implications for pricing and risk management, the evidence from this study is important for investors, policymakers, and issuers.
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| PSB lt.2 - Karya Akhir | 1 |
| Penerbit | : Bulletin of Monetary Economics and Banking 2019 |
|---|---|
| Edisi | - |
| Subjek | Indonesia Credit spread International bonds |
| ISBN/ISSN | - |
| Klasifikasi | - |
| Deskripsi Fisik | - |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |