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• W2104208077 abstract "This paper examines the trading volume of a sample of high-yield corporate bonds reported on Nasdaq's Fixed Income Pricing System (FIPS). This analysis of volume allows us to better understand the liquidity of debt issues. We demonstrate that the `mandatory’ FIPS issues trade fairly actively. We also conduct tests of the determinants of trading volume and produce evidence that mandatory issues with higher volume tend to be larger, more recently issued, and the obligations of firms without publicly traded equity." @default.
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• W2104208077 date "2000-05-01" @default.
• W2104208077 modified "2023-10-17" @default.
• W2104208077 title "The determinants of trading volume of high-yield corporate bonds" @default.
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• W2104208077 doi "https://doi.org/10.1016/s1386-4181(00)00005-7" @default.
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