haku: @indexterm financial market trading / yhteensä: 54
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| Tekijä: | Schultz, P. |
| Otsikko: | Corporate bond trading costs: a peek behind the curtain |
| Lehti: | Journal of Finance
2001 : APR, VOL. 56:2, p. 677-698 |
| Asiasana: | BOND MARKETS COSTS FINANCIAL MARKET TRADING |
| Kieli: | eng |
| Tiivistelmä: | In this paper, the author uses institutional corporate bond trade data to estimate transactions costs in the over-the-counter bond market. He finds average round-trip trading costs to be about $0,27 per $100 of par value. Trading costs are lower for larger trades. Small institutions pay more to trade than large institutions, all else being equal. Small bond dealers charge more than large ones. |
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