Original title: Primary Corporate Debt Issuance in Europe
Translated title: Primární emise korporátních dluhopisů v Evropě
Authors: Galetová, Hana ; Stádník, Bohumil (advisor) ; Málek, Jiří (referee)
Document type: Master’s theses
Year: 2015
Language: eng
Publisher: Vysoká škola ekonomická v Praze
Abstract: A top-down analysis approach used for over 17 thousand of euro-denominated corporate bond issuances executed in the European primary bond market between 1999 and 2013. The main findings reveal not only the most active corporate issuers in Europe, but they also show the decomposition of issuance by coupon type, rated versus unrated issuance, debut and perpetual issuances, high grade as well as high yield new bond issues split by sector, rating and maturity. I used the opensource statistical package Gretl and applied the ordinary least square technique in order to quantify the association between euro-denominated corporate issuance and credit spreads.
Keywords: corporate bonds; credit spreads; euro-denominated issuance; financial crisis; high grade; high yield; maturity; primary market; rating; regression; corporate bonds; credit spreads; euro-denominated issuance; financial crisis; high grade; high yield; maturity; primary market; rating; regression

Institution: University of Economics, Prague (web)
Document availability information: Available in the digital repository of the University of Economics, Prague.
Original record: http://www.vse.cz/vskp/eid/46910

Permalink: http://www.nusl.cz/ntk/nusl-193049


The record appears in these collections:
Universities and colleges > Public universities > University of Economics, Prague
Academic theses (ETDs) > Master’s theses