Investigation into the Determinants of Cross-Sectional Variation in the CDS-Bond Basis

This paper examines the CDS-Bond basis on S&P 100 reference entities in the period 2009-14. Specifically, this paper seeks to explain the cross-sectional variation in basis levels displayed by these entities. With few exceptions, prior work focuses on the aggregated basis level and what might ca...

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Bibliographic Details
Main Author: Epps, Adrian G
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2014
Online Access:https://eprints.nottingham.ac.uk/27306/