A Study on Impact of Liquidity on Returns of Four Government Bonds in the Context of Indian Bond Market
Author : Hima VincentVolume 8 No.1 Special Issue:February 2019 pp 71-74
Abstract
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.
Keywords
Bond Market, Bond, Bond Yield, Liquidity Amihud Mendelson Model, Linear Regression.
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