• norsk
    • English
  • English 
    • norsk
    • English
  • Login
View Item 
  •   Home
  • Handelshøyskolen BI
  • Student papers
  • Master of Science
  • View Item
  •   Home
  • Handelshøyskolen BI
  • Student papers
  • Master of Science
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

A Study of Corporate Bond Liquidity

Heggen, Marius Loe; Simarud, Terje
Master thesis
Thumbnail
View/Open
MSc0322016.pdf (1.590Mb)
URI
http://hdl.handle.net/11250/2443076
Date
2016
Metadata
Show full item record
Collections
  • Master of Science [1116]
Abstract
In this paper we study the liquidity of the Norwegian corporate bond market. We utilize a methodology closely related to the one developed by Dick-Nielsen, Feldhütter, and Lando (2012), and find that the spread contribution from illiquidity is puzzling to disclose in the Norwegian corporate bond market due to the low trading activity. However, for one of our liquidity proxies, zero trading days, we tend to find a positive relationship with bond spreads. Furthermore, we find indications that the liquidity premium measured by the bid-ask spread exist from the first quarter of 2014 to third quarter of 2014.
Description
Masteroppgave(MSc) in Master of Science in Finance - Handelshøyskolen BI, 2016
Publisher
BI Norwegian Business School

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit
 

 

Browse

ArchiveCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsDocument TypesJournalsThis CollectionBy Issue DateAuthorsTitlesSubjectsDocument TypesJournals

My Account

Login

Statistics

View Usage Statistics

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit