Journal Article
Credit spreads and subordinated debt
Abstract: Stock and bond prices contain all sorts of information about investors? beliefs and expectations. For example, the interest rate on bank debt not insured by the FDIC has information about the health of the banks issuing the debt. Unfortunately, difficulties in extracting information from these subordinated debt prices reduces the information? usefulness to regulators and policymakers.
Keywords: Deposit insurance; Bank capital;
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https://www.clevelandfed.org/publications/economic-commentary/2007/ec-20070301-credit-spreads-and-subordinated-debt
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Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 2007
Issue: Mar
Order Number: 1