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Covitz et al., 2007 - Google Patents

Liquidity or credit risk? The determinants of very short‐term corporate yield spreads

Covitz et al., 2007

Document ID
1885194943444454193
Author
Covitz D
Downing C
Publication year
Publication venue
The Journal of Finance

External Links

Snippet

Employing a comprehensive database on transactions of commercial paper issued by domestic US nonfinancial corporations, we study the determinants of very short‐term corporate yield spreads. We find that liquidity plays a role in the determination of spreads …
Continue reading at onlinelibrary.wiley.com (other versions)

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