Dear Professor,

Can I get the updated corporate bonds spreads and ratings from bondsonline.com for free or I need to be a be a subscriber to the service? Thank you!

Question

Dear Professor,

Can I get the updated corporate bonds spreads and ratings from bondsonline.com for free or I need to be a be a subscriber to the service? Thank you!

anonymous · Answer

You need to register (which is free) but you will pay $39 each time you get an updated set of spreads..

dimik · Answer

Thanks

dimik · Answer

Dear Prof.Damodaran.
I am trying to calculate the current equity risk premium for the Greek stock market.In your spreadsheet for year 2009 you have the Greek rating A2 and the default spread is 105 bps. However, from March 2011 the rating for Greece is B1 and the default spread between the 10 yr Greek bond and the corresponding German bond is 943bps. I assume that the difference is due to the fact that the data have not been updated (that's why I asked a previous question about bondsonline.com) and I should use the current default spread of 9.43%. Thanks in advance.

anonymous · Answer

If you are using the data from the start of 2009, it reflects the rating then...  If you are doing the assessment today, why are you using the 2009 data? Use the 2011 update, or better still, use the CDS market to get a current spread (which is what you are planning on doing)