haku: @journal_id 619 / yhteensä: 54
viite: 46 / 54
| Tekijä: | Zimmermann, H. |
| Otsikko: | Eine Analyse des Couponabschlages bei schweizerischen Optionsanleihen /The coupon discount of bonds with warrants in Switzerland:An empirical analysis/ |
| Lehti: | Schweizerische Zeitschrift für Volkswirtschaft und Statistik
1988 : VOL. 124:3, p.405-419 |
| Asiasana: | OPTIONS PRICING BONDS |
| Kieli: | ger |
| Tiivistelmä: | Bonds with warrants have recently become very popular on international capital markets. To account for the warrant value of Swiss bonds with warrants the coupon rate is reduced compared to a bond without warrants. The value of warrant can be calculated with an option pricing model. The paper analyses the emission conditions and the coupon discount of 53 bond issues between the period of 1973 and 1987. |
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