Abstract :
ABSTRACT
This study is a hypothesis testing that aims to test empirically that the bond
rating, interest rates and inflation have an effect on yield to maturity bonds. The
population of this study are all companies that issue bonds and listed on the
Indonesia Stock Exchange in the period 2012 to 2016. Samples determined by
purposive sampling method that produced a sample of 179 sample data. The period
of observation of this research for 5 consecutive years from 2012 to 2016.
Independent variables in the form of bond ratings, interest rates and inflation. While
the dependent variable in the form of yield to maturity bond. Data analysis
technique is classical assumption test and multiple regression analysis with
hypothesis test of t test. The result of the research shows that bond rating has an
effect on yield to maturity of bond, interest rate influence to yield to maturity of
bond and inflation affect to yield to maturity of bond.
Keywords: Bond Rating, Interest Rate, Inflation, Yield to Maturity Bond.