| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5089862 | Journal of Banking & Finance | 2012 | 12 Pages |
Abstract
⺠I examine the effects of multimarket trading on corporate bond liquidity and pricing. ⺠Global bonds are traded in the US bond market and in the Eurobond market. ⺠Global bonds are more liquid than similar-sized domestic bonds of the same issuers. ⺠The liquidity advantage of global bonds is reflected in higher market valuations.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Lubomir Petrasek,