ABSTRACT

The bond market is a key securities market and emerging economies present exciting, new investment opportunities. This timely book provides insights into these emerging bond markets through empirical models and analytical databases, i.e. Bloomberg, Eikon Refinitiv and the Russian Cbonds.

The book looks at the dynamics of the development of emerging bond markets, their competitiveness, features and patterns using macro and micro level data. It also takes into consideration various securities type i.e. government, corporate, sub-federal and municipal bonds, to identify respective challenges and risks. The book also analyses factors that may inhibit or stimulate a well-balanced financial market. It includes case studies of Asian, Latin American and Russian bond markets, as also as cross-country comparisons.

It will be a useful reference for anyone who is interested to learn more of the bond market and the modelling techniques for critical data analysis.

part 1|73 pages

Trends and determinants of bond market development

chapter 1|26 pages

Change in tendencies in the global debt market

Specifics of development of emerging markets

chapter 2|24 pages

Asian bond markets

Potential benefits for global investors

part 2|98 pages

Pricing in bond markets

chapter 5|18 pages

Regional bond yields

Debt burden and liquidity are the key factors

chapter 6|17 pages

Liquidity metrics in the bond market

Explaining yields in the non-financial and banking sectors

part 3|36 pages

If the default is tomorrow

chapter 10|18 pages

If the default is tomorrow

Factors influencing corporate bond recovery rates

chapter 11|16 pages

Determinants of corporate bond defaults

The role of corporate governance in emerging markets

part 4|31 pages

Forecasting the dynamics of the bond market

chapter 12|14 pages

Sanction shock and the SSA Caterpillar method

Forecasting the market dynamics

part 5|36 pages

ETFs and portfolio investment

chapter 14|23 pages

A new tool for an investor in the bond market

Corporate bond ETF

chapter 15|11 pages

Portfolio investment in emerging bond markets

Trends and determinants

part 6|28 pages

Anomalies in the bond markets

chapter 16|11 pages

Calendar effects in emerging bond markets

chapter 17|15 pages

Which investment strategy is profitable in the bond market?

Reverse or momentum? What about risk?

part 7|19 pages

Analytical and information databases: algorithms of work