Pengaruh Maturity, Peringkat Obligasi, dan Debt to Equity Ratio terhadap Yield to Maturity Obligasi

Abstract

Yield to maturity is a compound result of returning that investors will receive if they buy bonds at the current market price and hold bonds up to maturity. The purpose of this study is to analyze maturity influences, bond ratings and debt to equity ratios on yield to corporate bonds maturity. This article is a fundamental study using an associative method with a quantitative approach. The population used is all corporate bonds listed on IDX at 2014-2017. Through the Purposive sampling method acquired 30 companies with the number of bonds issued as many as 87 bonds for the year 2014-2017. The data analysis method used is linear regression analysis. The results showed that maturity and bond ratings affected the yield to maturity of the bonds while the ratio of debt to equity did not affect the outcome for maturity due to bonds.