The Swedish Corporate Bond Market and Bondholder Rights

The Swedish Corporate Bond Market and Bondholder Rights PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264726993
Category :
Languages : en
Pages : 65

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Book Description
This report provides a detailed account of the Swedish corporate bond market. Based on original data, it offers an overview of how the market has developed in the past two decades with respect to, among other things, size, issuer characteristics, risk profile and liquidity. In particular, it documents how the market has changed since the 2008 financial crisis and explores the increasingly important role of real estate companies in the local bond market.

The Swedish Corporate Bond Market and Bondholder Rights

The Swedish Corporate Bond Market and Bondholder Rights PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264726993
Category :
Languages : en
Pages : 65

Get Book Here

Book Description
This report provides a detailed account of the Swedish corporate bond market. Based on original data, it offers an overview of how the market has developed in the past two decades with respect to, among other things, size, issuer characteristics, risk profile and liquidity. In particular, it documents how the market has changed since the 2008 financial crisis and explores the increasingly important role of real estate companies in the local bond market.

The Swedish Corporate Bond Market Challenges and Policy Recommendations

The Swedish Corporate Bond Market Challenges and Policy Recommendations PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264621598
Category :
Languages : en
Pages : 66

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Book Description
This report provides an assessment of the Swedish corporate bond market and policy recommendations to improve its functioning, drawing from detailed empirical analysis and in-depth interviews with market participants.

Rethinking Corporate Bonds

Rethinking Corporate Bonds PDF Author: Marcel Kahan
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
This article presents a framework for analyzing the tradeoff between structuring bondholder rights as individual or as collective rights. Individual rights cannot be modified without the consent of each affected holder; and they can be enforced by any holder whose right is violated. By contrast, if a right is collective, it can be modified by a majority of bondholders; and it cannot be enforced without the consent of a majority of bondholders. The framework developed in the article identifies the theoretical problems of vesting rights individually and collectively and examines the institutional setting of the U.S. corporate bond market to assess the practical significance of these problems. While the presently prevailing structure of rights with respect to amendments is consistent with the analysis, a number of defects are identified with respect to the enforcement of rights. Several market imperfections may account for the persistence of these defects. The article concludes with specific recommendations for revisions in the structure of bondholder rights.

Searching for determinants of credit and quality spreads

Searching for determinants of credit and quality spreads PDF Author: Dominik Bekkewold
Publisher:
ISBN:
Category :
Languages : sv
Pages :

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Book Description


Creditor Rights and Corporate Bond Market

Creditor Rights and Corporate Bond Market PDF Author: Xian Gu
Publisher:
ISBN:
Category :
Languages : en
Pages : 44

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Book Description
We examine whether investor protection affects capital markets in terms of the development of corporate bond markets versus that of equity markets. Using a dataset of 42 countries, we show that in countries with stronger creditor rights, corporate bond markets are more developed than equity markets. In opposition, we find only weak evidence that in countries with stronger shareholder protection, equity markets are more developed than corporate bond markets. Additionally, we find that the effects of financial reforms on capital markets are strongly dependent on the strength of investor protections in a given country and information disclosure.

OECD Economic Surveys: Sweden 2023

OECD Economic Surveys: Sweden 2023 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264675698
Category :
Languages : en
Pages : 112

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Book Description
After a relatively strong performance during and after the pandemic, Sweden’s economy is contracting. High inflation has eroded real wages and tighter monetary policy has increased borrowing costs and led to a housing price correction.

Sweden

Sweden PDF Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN: 1475554613
Category : Business & Economics
Languages : en
Pages : 61

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Book Description
This paper discusses the findings of the Financial System Stability Assessment for Sweden. The Swedish financial system is large and highly interconnected, putting a premium on the accompanying policy framework. Relative to the size of the domestic economy, the financial system is among Europe’s largest. It features complex domestic and international linkages, reflecting Sweden’s role as a regional financial hub. However, the macrofinancial risks have grown since 2011, for example the rising share of highly indebted households. Stress tests also suggest that banks and nonbanks are largely resilient to solvency shocks, but concerns persist about the ability of bank models to capture unexpected losses.

ASEAN+3 Bond Market Guide 2016 Japan

ASEAN+3 Bond Market Guide 2016 Japan PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292575023
Category : Business & Economics
Languages : en
Pages : 193

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Book Description
ASEAN+3 Bond Market Guide is a comprehensive explanation of the region’s bond markets. It provides various information such as the history, legal and regulatory framework, specific characteristics of the market, trading and transaction including settlement systems, and other relevant information. Bond Market Guide 2016 for Japan is an outcome of the strong support and kind contributions of ASEAN+3 Bond Market Forum members and experts, particularly from Japan. The report should be recognized as a collective good to support bond market development among ASEAN+3 members.

Transforming Green Bond Markets

Transforming Green Bond Markets PDF Author: Juan Antonio Ketterer
Publisher: Inter-American Development Bank
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 36

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Book Description
Despite exhibiting remarkable growth, the green bond market still represents less than 1 percent of the global bond market. This paper identifies two challenges that might slow the adoption of green bonds and presents a menu of responses that policymakers, regulators, and public financial institutions can use to offset these challenges. Specifically, it explores two key dimensions: (i) the risk profile of the green bond instrument and (ii) the transaction costs associated with issuance of and reporting on green bonds. New approaches to risk design and technology-based approaches are essential to untap the potential of green bond markets, particularly in Latin America and the Caribbean and other developing regions. The incorporation of financial mechanisms such as covered bonds and guarantees can adequately address the risk of the issues, making the market more attractive for investors. Enhanced regulation and education and leveraging efficiencies of new technologies such as distributed ledger technologies can substantially reduce monitoring and reporting costs, while improving transparency in the use of proceeds and market integrity.

The Cambridge Handbook of Corporate Law, Corporate Governance and Sustainability

The Cambridge Handbook of Corporate Law, Corporate Governance and Sustainability PDF Author: Beate Sjåfjell
Publisher: Cambridge University Press
ISBN: 9781108473293
Category : Law
Languages : en
Pages : 758

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Book Description
The emerging field of corporate law, corporate governance and sustainability is one of the most dynamic and significant areas of law and policy in light of the convergence of environmental, social and economic crises that we face as a global society. Understanding the impact of the corporation on society and realizing its potential for contributing to sustainability is vital for the future of humanity. This Handbook comprehensively assesses the state-of-the-art in this field through in-depth discussion of sustainability-related problems, numerous case studies on regulatory responses implemented by jurisdictions around the world, and analyses of predominant strategies and potential drivers of change. This Handbook will be an essential reference for scholars, students, practitioners, policymakers, and general readers interested in how corporate law and governance have exacerbated global society's most pressing challenges, and how reforms to these fields can help us resolve those challenges and achieve sustainability.