Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/125924
Authors: 
Vasilev, Aleksandar
Year of Publication: 
Jun-2015
Citation: 
[Journal:] Journal of Knowledge Management, Economics, and Information Technology [ISSN:] 2069-5934 [Volume:] V [Issue:] 3
Abstract: 
The introduction of the Euro has led to price level stability and fostered growth within the European Union. Consequently, since its launch as a store of value and unit of account, there has been a clear convergence between the yield of France’s sovereign debt and German benchmark. This paper tries to estimate the effect of certain macroeconomic fundamentals on the yield spread of French 10-year bonds, relative to the German Bund of the same maturity for the period January 1999-March 2003. It reaches the conclusion that staying in line with Maastricht criteria decreases the risk premium of external debt.
Subjects: 
French bonds
yield spreads
JEL: 
G12
G15
Document Type: 
Article

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