Corporate Bond Markets in a Time of Unconventional Monetary Policy
收藏Organisation for Economic Co-operation and Development2026-02-07 收录
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https://www.oecd.org/en/publications/corporate-bond-markets-in-a-time-of-unconventional-monetary-policy_29e64649-en.html
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Built on a dataset of almost 85 000 unique corporate bond issues by non-financial companies from 114 countries between 2000 and 2018, this paper documents a number of elevated risks and vulnerabilities associated with this development and looks at how the quality of today’s outstanding stock of corporate bonds differs from earlier credit cycles....
