Search for Yield in Large International Corporate Bonds : Investor Behavior and Firm Responses
Emerging market corporations have significantly increased their borrowing in international markets since 2008. This paper shows that this increase was driven by large-denomination bond issuances, most of them with face value of US$500 million. Larg...
Main Authors: | Calomiris, Charles W., Larrain, Mauricio, Schmukler, Sergio L., Williams, Tomas |
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Format: | Book |
Language: | English |
Published: |
World Bank, Washington, DC
2019
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/521151560780812693/Search-for-Yield-in-Large-International-Corporate-Bonds-Investor-Behavior-and-Firm-Responses http://hdl.handle.net/10986/31903 |
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