Abstract This paper proposes and estimates a tractable, arbitrage-free valuation model for corporate coupon bonds that includes...
CONNECT ME
The Valuation of Corporate Coupon Bonds
This paper proposes and estimates a tractable, arbitrage-free valuation model for corporate coupon bonds that includes a more...
Leveraged Loans: “Fear and Loathing” in Your CLO Portfolio
Leveraged Loans: “Fear and Loathing” in Your CLO Portfolio Authors from the North American Client Team: Eric Penanhoat...
Extraordinary Times – Extraordinary Actions
Extraordinary Times – Extraordinary Actions The View DownUnder MELBOURNE, April 6, 2020: From the desk of Andrew Cowton,...
Reduced Form vs. Merton Default Risk
Reduced Form vs. Merton Default Risk NEW YORK, April 3, 2020: Back in 2012, Dr. Donald van Deventer proclaimed in a blog post:...
Credit Conditions – Chapter One
Credit Conditions – Chapter One Kamakura Troubled Company Index Increases by 8.17% to 31.96% Credit Quality Drops to 4th...