| 摘要 |
<P>PROBLEM TO BE SOLVED: To provide technology allowing rapid and objective calculation of a market price of an enterprise debt wherein a market interest rate is absent. <P>SOLUTION: This pricing system 10 for the enterprise debt has: a basic information storage part 16 storing residual periods of a plurality of public issues, a spread showing a difference between a return of each the public issue and a return of a government bond, a business category code of an issuing enterprise of each the public issue, and specific financial data related to each the issuing enterprise; a regression model generation part 18 executing regression analysis with the residual period and the financial data as an explanatory variable of the spread in each the same business category, deriving a regression model, and storing it into a regression model storage part 20; an input device 12 for inputting the residual period, the business category code of the enterprise, and the financial data of the enterprise with respect to a loan of the specific enterprise; a spread calculation part 22 applying the residual period of the loan and the financial data of the enterprise to the regression model related to the business category of the enterprise to calculate the spread of the loan, and thereafter converting it into the discount bond-based spread; and a calculation result output part 26 outputting it onto a display 28. <P>COPYRIGHT: (C)2008,JPO&INPIT |
