This fact not only limits the development of the corporate bond market but also is likely to influence market risk and credit risk of the corporate bond market. The "interest rate regulation" and "issuer preference" is the two major characteristics in these supervision of market regulation. Therefore, this paper attempts to study the corporate bond market from the perspective of these two regulatory features. Specifically, the main objective is to start empirical research on the specific performance of the corporate bonds market's market risk and credit risk under the two regulatory features. First of all, the leading part shows a simple review and sum up of the corporate bond market development process is the given.
基于1个网页-相关网页
应用推荐