Abstract
The purpose of this paper is to examine the impact of a 1993 relaxation of the restrictions governing the underwriting operations of Japanese banks on bond issues in the Euro-yen and Japanese corporate bond markets. Evidence is presented to suggest that the relaxation of the restrictions governing the underwriting operations of Japanese banks was associated with a significant fall in spreads in both the Euro-yen and Japanese corporate bond markets.
| Original language | English |
|---|---|
| Pages (from-to) | 526-535 |
| Number of pages | 10 |
| Journal | Mathematics and Computers in Simulation |
| Volume | 68 |
| Issue number | 5-6 |
| DOIs | |
| Publication status | Published - 2005 May 26 |
| Event | First Special Issue: Selected Papers of the MSSANZ/IMACS 15th Biennial Conference on Modelling and Simulation - Duration: 2003 Jul 14 → 2003 Jul 17 |
Keywords
- Deregulation
- Euromarket
- Japanese Bond market
- Spreads
- Underwriting
ASJC Scopus subject areas
- Theoretical Computer Science
- Computer Science(all)
- Numerical Analysis
- Modelling and Simulation
- Applied Mathematics