The Default Premium and Corporate Bond Experience

Fons, Jerome

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Working Paper

The Default Premium and Corporate Bond Experience

Jerome Fons

Download pdf

A study that represents the first effort to tie together the differential returns required by holders of low-rated corporate bonds and the actual default experiences of these issues.

06.01.1986WP 86-04

Suggested Citation

Fons, Jerome. 1986. “The Default Premium and Corporate Bond Experience.” Federal Reserve Bank of Cleveland, Working Paper No. 86-04.

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