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) | 529-538 |
| Number of pages | 10 |
| Journal | Mathematics and Computers in Simulation |
| Volume | 68 |
| Issue number | 5-6 |
| DOIs | |
| Publication status | Published - 2005 May 26 |
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Keywords
- Deregulation
- Euromarket
- Japanese Bond market
- Spreads
- Underwriting
ASJC Scopus subject areas
- Information Systems and Management
- Control and Systems Engineering
- Applied Mathematics
- Computational Mathematics
- Modelling and Simulation
Cite this
Deregulation of bank underwriting activities : Impacts in the Euro-yen and Japanese corporate bond markets. / Mckenzie, Colin R; Takaoka, Sumiko.
In: Mathematics and Computers in Simulation, Vol. 68, No. 5-6, 26.05.2005, p. 529-538.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - Deregulation of bank underwriting activities
T2 - Impacts in the Euro-yen and Japanese corporate bond markets
AU - Mckenzie, Colin R
AU - Takaoka, Sumiko
PY - 2005/5/26
Y1 - 2005/5/26
N2 - 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.
AB - 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.
KW - Deregulation
KW - Euromarket
KW - Japanese Bond market
KW - Spreads
KW - Underwriting
UR - http://www.scopus.com/inward/record.url?scp=18944369812&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=18944369812&partnerID=8YFLogxK
U2 - 10.1016/j.matcom.2005.02.009
DO - 10.1016/j.matcom.2005.02.009
M3 - Article
AN - SCOPUS:18944369812
VL - 68
SP - 529
EP - 538
JO - Mathematics and Computers in Simulation
JF - Mathematics and Computers in Simulation
SN - 0378-4754
IS - 5-6
ER -