G30 - General - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T16:58:19+00:00Market Timing of Long-Term Debt Issuance
https://www.bankofcanada.ca/2009/12/discussion-paper-2009-14/
The literature on market timing of long-term debt issuance yields mixed evidence that managers can successfully time their debt-maturity issuance. The early results that are indicative of debt-maturity timing are not robust to accounting for structural breaks or to other measures of debt maturity from firm-level data that account for call and put provisions in […]2009-12-01T11:46:50+00:00enMarket Timing of Long-Term Debt Issuance2009-12-01Financial marketsInternational topicsDiscussion Paper 2009-14https://www.bankofcanada.ca/wp-content/uploads/2010/01/dp09-14.pdfMarket Timing of Long-Term Debt IssuanceJonathan WitmerDecember 2009GG3G30G38