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3 Issuing costs of state guaranteed bonds - Financial Risk and ...

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Annex 3 Analysis <strong>of</strong> missing issuing cost data<br />

Table 33:Analysis <strong>of</strong> missing data – non-SG <strong>bonds</strong><br />

148<br />

Quantiles<br />

Variable Group N Mean S.D. Min .25 Mdn .75 Max<br />

Issuance<br />

volume<br />

Coupon<br />

Bond rating<br />

Time to<br />

maturity<br />

Sovereign CDS<br />

Private<br />

placement<br />

USDdenominated <br />

Non-USDdenominated<br />

Variable<br />

interest rate<br />

Included 208 4.4E+8 5.6E+8 6.7E+5 2.2E+7 1.0E+8 9.7E+8 2.0E+9<br />

Excluded 1476 5.9E+7 1.8E+8 9864.29 5.0E+6 1.6E+7 5.0E+7 3.0E+9<br />

Included 206 2.14 1.28 0.24 1.20 1.91 2.98 10.25<br />

Excluded 1318 2.89 2.96 0.00 1.50 2.50 3.50 49.00<br />

Included 208 0.02 0.14 0.00 0.00 0.00 0.00 1.00<br />

Excluded 1483 0.00 0.04 0.00 0.00 0.00 0.00 1.00<br />

Included 208 2.72 1.13 1.00 2.00 3.00 3.00 5.00<br />

Excluded 1483 2.39 1.14 0.00 2.00 2.00 3.00 5.00<br />

Included 208 5.85 33.10 0.00 0.00 0.00 0.00 208.13<br />

Excluded 1483 5.23 28.94 0.00 0.00 0.00 0.00 208.13<br />

Included 208 0.09 0.28 0.00 0.00 0.00 0.00 1.00<br />

Excluded 1483 0.05 0.21 0.00 0.00 0.00 0.00 1.00<br />

Included 208 0.16 0.37 0.00 0.00 0.00 0.00 1.00<br />

Excluded 1483 0.14 0.35 0.00 0.00 0.00 0.00 1.00<br />

Included 208 0.11 0.31 0.00 0.00 0.00 0.00 1.00<br />

Excluded 1483 0.18 0.39 0.00 0.00 0.00 0.00 1.00<br />

Included 208 0.72 0.45 0.00 0.00 1.00 1.00 1.00<br />

Excluded 1483 0.28 0.45 0.00 0.00 0.00 1.00 1.00

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