Pengaruh Kupon, Peringkat Obligasi, dan Maturitas terhadap Yield to Maturity Obligasi Korporasi Sektor Infrastruktur yang Terdaftar di Bursa Efek Indonesia Tahun 2023

Abstract

This study aims to analyze the effect of coupon, bond rating, and maturity on yield to maturity corporate bonds of infrastructure sector. Type of this study is causal associative research and uses secondary data. The population in this study was all infrastructure sector corporate bonds listed on Indonesia Stock Exchange in 2023. The sampling technique in this study used purposive sampling and obtained 135 bonds from 18 companies as a sample. The data analysis method used in this study was multiple linear regression analysis. The result of this study indicates that partially, coupon and bond rating have negative significant effects on yield to maturity, while maturity has a positive significant effect on yield to maturity. Simultaneously, coupon, bond rating, and maturity all have significant effects on yield to maturity.