In the theory of corporate finance, the name of Hot debt period is given to periods of time when new debt issues by corporations are very common, and generally coincide with periods in which the interest rate is low, and the risk premium on corporate debt issues is low, giving these new bonds high prices. It is the debt equivalent of hot equity periods which generally refers to periods where many firms are making IPO's.
This article is copied from an
article on Wikipedia® - the free encyclopedia created and edited by its online user community. The text was not checked or edited by anyone on our staff. Although the vast majority of Wikipedia® encyclopedia articles provide accurate and timely information, please do not assume the accuracy of any particular article. This article is distributed under the terms of
GNU Free Documentation License.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.