A Study on Impact of Liquidity on Returns of Four Government Bonds in the Context of Indian Bond MarketAuthor : Hima Vincent
Volume 8 No.1 Special Issue:February 2019 pp 71-74
A well-developed capital market consists of equity and bond market. A sound bond market with a significant role played by the Government bond market segment is considered to be important for an efficient capital market and raising for developmental ventures. Bonds are issued and sold to the public for funds. Bonds are interest bearing debt certificates. This study is conducted in order to analyze the impact of liquidity on return of government securities in the context of Indian bond market.
Bond Market, Bond, Bond Yield, Liquidity Amihud Mendelson Model, Linear Regression.
 Akram, N. (2014). The Effect of Liquidity on Stock Returns: An Evidence From Pakistan. IOSR Journal of Business and Management.
 Alonso, F. (2006). Estimating liquidity premia in the Spanish government securities market. The European Journal of Finance.
 Dharman , A. (2017). Financil Management. ISRO, 5(8), 12.
 Dufour, A. (2011). Permanent trading impacts and bond yields. The European Journal of Finance.
 Gregoriou, A. (2011). The liquidity effects of revisions to the CAC40 stock index. Applied Financial Economics.
 Mahapatra, D. S. (2016). investor’s attitude towards post office deposit schemes.
 Mahdi Salehi, G. T. (2011). A Study of the Relationship Between Liquidity and Stock Returns of Companies Listed in Tehran Stock Exchange. World Applied Sciences .
 Pynnonen, S. (2010). Expectations and Liquidity in Yen Bond Markets. Journal of the Asia Pacific Economy.
 Seth, R. (2010). A Study on Yield Spreads and Liquidity Measures in the Indian Bond Market. Calcutta: Indian Institute Of Management .
 Westerholm, J. (2002). The Relationship Between Liquidity, Trading Activity and Return – Studies of the Finnish and Swedish Stock Markets. Econ