102 Panel A: Full Sample Control Variables Euro Market -1.87*** -1.84*** -1.81*** -1.76*** -1.82*** -1.86*** -1.87*** -1.79*** (-26.1) (-26.2) (-25.3) (-24.7) (-25.2) (-25.9) (-26.2) (-24.0) Euro Market*Post (-2-0.3.588)** Top Ten Issuer -0.26*** -0.26*** -0.25*** -0.28*** -0.29*** -0.27*** -0.26*** -0.27*** (-4.04) (-4.03) (-3.92) (-4.44) (-4.49) (-4.17) (-4.04) (-4.11) Log Transaction Value 0.12* * 0.19 *** 0.32* ** -0.01 0.13 ** 0.13 ** 0.12* * 0.14* * (2.01) (3.42) (6.26) (-0.11) (2.21) (2.22) (1.97) (2.31) Year effects Y Y Y Y Y Y Y Y Credit rating effects Y Y Y Y Y Y Y Y Observations 8,364 8,364 8,364 8,364 8,364 8,364 8,364 8,364 R2 0.323 0.322 0.314 0.310 0.327 0.324 0.323 0.324 Table 3.2: Continued
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