A Study on Impact of Liquidity on Returns of Four Government Bonds in the Context of Indian Bond Market

Authors

  • Hima Vincent Prajyoti Niketan College, Pudukkad, Kerala, India

DOI:

https://doi.org/10.51983/arss-2019.8.S1.1490

Keywords:

Bond Market, Bond, Liquidity Amihud Mendelson Model, Bond Yield, Linear Regression

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.

References

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). Financial 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.

Downloads

Published

16-02-2019

How to Cite

Vincent, H. (2019). A Study on Impact of Liquidity on Returns of Four Government Bonds in the Context of Indian Bond Market. Asian Review of Social Sciences, 8(S1), 71–74. https://doi.org/10.51983/arss-2019.8.S1.1490

Issue

Vol. 8 No. S1 (2019): Special Issue February 2019

Section

Articles

License

Copyright (c) 2019 The Research Publication

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.