Cost of Issuing Debt: An Analysis of the Factors Affecting the Net Interest Cost of State Bonds

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Description

The major purpose of this dissertation is to explore the determinants of interest cost for state bonds. Various kinds of variables pertaining to issue characteristics, market characteristics, economic conditions, and political variables were statistically tested to assess their impact on the interest cost of state bonds. This research examines the variables found to be significant for local bonds, as well as some factors unique to state bonds, e.g., the types state agencies issuing debt and the effect of different state income tax policies.

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vi, 145 leaves

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Chen, Li-Kanz December 1995.

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  • Chen, Li-Kanz

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Description

The major purpose of this dissertation is to explore the determinants of interest cost for state bonds. Various kinds of variables pertaining to issue characteristics, market characteristics, economic conditions, and political variables were statistically tested to assess their impact on the interest cost of state bonds. This research examines the variables found to be significant for local bonds, as well as some factors unique to state bonds, e.g., the types state agencies issuing debt and the effect of different state income tax policies.

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vi, 145 leaves

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UNT Theses and Dissertations

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  • December 1995

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  • March 24, 2014, 8:07 p.m.

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  • March 30, 2020, 1:58 p.m.

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Chen, Li-Kanz. Cost of Issuing Debt: An Analysis of the Factors Affecting the Net Interest Cost of State Bonds, dissertation, December 1995; Denton, Texas. (https://digital.library.unt.edu/ark:/67531/metadc278599/: accessed June 2, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; .

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