• ISSN: 2301-3567 (Print), 2972-3981 (Online)
    • Abbreviated Title: J. Econ. Bus. Manag.
    • Frequency: Quarterly
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms. Fiona Chu
    • Abstracting/ Indexing:  CNKI, Google Scholar, Electronic Journals Library, Crossref, Ulrich's Periodicals Directory, MESLibrary, etc.
    • E-mail: joebm.editor@gmail.com
JOEBM 2022 Vol.10(2): 124-127 ISSN: 2301-3567
DOI: 10.18178/joebm.2022.10.2.685

A Review of the Influence Factors of Corporate Bond Credit Spread

Si-Si Li and Mu Zhang

Abstract—In order to let investors understand the law of historical interest rate spread change, and make correct investment decisions by judging the rationality of bond price and future price trend, this paper studies the influencing factors of corporate bond credit interest rate spread through comparative analysis. The research shows that the macro and micro level can have an impact on the credit spread of corporate bonds. The macro factors include risk-free interest rate, interest rate risk, liquidity risk and so on. The micro factors include the capital structure of bond issuers, corporate governance, bond issuance period, bond credit rating, bond issuance scale and so on, Starting from these two aspects, this paper combs and analyzes the literature of domestic and foreign experts and scholars, studies its influencing factors, and indicates that investors should consider these factors when they invest, but make blind choices.

Index Terms—Corporate bonds, credit spread, macro factors, micro factors, journals reviewed.

Li Sisi and Zhang Mu are with School of Big Data Application and Economics, Guizhou University of Finance and Economics, Guiyang, Guizhou, China (e-mail: 1915163235@qq.com, rim_007@163.com).

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Cite:Si-Si Li and Mu Zhang, "A Review of the Influence Factors of Corporate Bond Credit Spread," Journal of Economics, Business and Management vol. 10, no. 2, pp. 124-127, 2022.

Copyright © 2022 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

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