Analysis of Determinant Affecting Yield the Spread of Russian Bonds

Student: Kozhurina Anastasia

Supervisor: Victor A Lapshin

Educational Programme: Financial Engineering (Master)

Final Grade: 8

Year of Graduation: 2019

This study is devoted to the analysis of factors that influence the yield spreads of Russian corporate bonds. The article focuses on the dependent variable, analyzes the z-spread. The period under review is 2017 and 2018, excepting bonds issued by banks, insurance organizations and financial institutions. The work analyses panel data regression, more specifically, dependancy between the spreads and credit rating, industry specification and other variables.

Full text (added May 26, 2019)

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