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Author:Wigmore, B.A.
Title:The decline in credit quality of new-issue junk bonds
Journal:Financial Analysts' Journal
1990 : SEP-OCT, VOL. 46:5, p. 53-62
Index terms:CREDIT
BONDS
EARNINGS PER SHARE
Language:eng
Abstract:Analysis of credit ratio averages for new-issue junk bonds and credit dynamics. Decline in credit ratios. Database and derivation. Changes in junk bond rating standards. Merger prices and credit ratios. Future default rates and thresholds. Seven Tables illustrate the study.
SCIMA record nr: 85457
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