ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI YIELD OBLIGASI KORPORASI (STUDI KASUS PADA SELURUH PERUSAHAAN PENERBIT OBLIGASI YANG TERDAFTAR DI BEI PERIODE 2010-2012)

Abstract

This research aims to analyze the effect of interest rates, inflation rates, bond ratings, debt to equity ratio (DER), firm size and maturity on corporate bond yields. The returns will be accepted from profit of bonds are always moves fluctuated. Therefore, needs deeply observation to see how big the influences of variables are used. The population used in this research is all issuer bond companies were listed in BEI for year 2010-2012. The sample in this research is 37 bonds from 18 companies. Analysis tools are used is multiple regression. The results find that interest rates and maturity have significant positive relationship on bond yields. Bond ratings and firm size proven have significant negative relationship on bond yield. While the variable of DER is not influence to bond yields