Företagsobligationers kreditspreadar – en studie av förklaringsfaktorer
Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
This study sets out to explore determinants of corporate bond credit spreads on the European market during the years 2010-2012. The results show that certain firm-specific factors as well as a market indicator can explain 42,4% of the variation in credit spreads. Emphasizing mainly on concepts derived from structural model bond pricing and credit risk modeling, the conclusions drawn shed further light upon the impacts of issuer risk and different firm-value characteristics on the costs of issuing debt.
Place, publisher, year, edition, pages
2014. , 40 p.
Corporate bonds, credit spreads, credit risk, corporate debt, firm-specific factors
IdentifiersURN: urn:nbn:se:uu:diva-218258OAI: oai:DiVA.org:uu-218258DiVA: diva2:695591
Subject / course