The Affect of Investors Structure on the Government Bonds Yield

Student: Mkrtchyan Vilen

Educational Programme: Financial Markets and Financial Institutions (Master)

Year of Graduation: 2017

This work examines the impact of foreign investors on the yield of long-term bonds. In order to determine the nature of the relationship, a model was constructed in which the influence of the factors I selected was evaluated on the yield of 10-year bonds. The study was conducted on annual data for the period from 2012 to 2015. The results of the calculations show that along with other factors included in the regression model, the share of foreign investors has a significant negative impact on the yield of 10-year bonds.

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