NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Market for Borrowing Corporate Bonds

Paul Asquith, Andrea S. Au, Thomas R. Covert, Parag A. Pathak

NBER Working Paper No. 16282
Issued in August 2010

---- Acknowledgements -----

We thank seminar participants at the JACF Conference in Honor of Stew Myers, the Harvard Finance lunch, Talinn Demirjian and Jeri Seidman for comments. In addition, we are grateful to Sharat Alankar, Joseph Keith, Ted Keith, Patrick Sissman, and Caroline Hane-Weijman for research assistance. We also thank a number of practitioners for answering our questions about how this market works. Finally, we thank the Q Group for their financial support. The views and opinions expressed do not necessarily reflect those of State Street Corporation or the National Bureau of Economic Research.

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