Receiving Investors in the Block Market for Corporate Bonds

This repository is a comprehensive resource accompanying the paper "Receiving Investors in the Block Market for Corporate Bonds" by Stacey Jacobsen and Kumar Venkataraman. It includes source codes and small-sample (masked) input datasets for replicating the study’s analysis on block trading costs in the corporate bond market. To effectively use this repository, users must download the sample datasets and adjust the directory paths within the SAS and Stata code to match their local environment. Because the data sources are non-public, the original bond identifiers have been removed and replaced by randomly generated identifiers in the sample datasets. Because small sample datasets are provided, the replicator should expect the code to run in less than ten minutes. The replicator should run the SAS code in the first step then the STATA code in the second step.