THE BUSINESS SCHOOL FOR FINANCIAL MARKETS The University of Reading Estimating Corporate Yield Curves ISMA Centre Discussion Papers In Finance 2001-01 Forthcoming in the Journal of Fixed Income Antonio Díaz Universidad de Castilla-La Mancha, Spain Frank S. Skinner ISMA Centre, University of Reading Copyright 2001 ISMA Centre. All rights reserved. The University of Reading • ISMA Centre • Whiteknights • PO Box 242 • Reading RG6 6BA • UK Tel: +44 (0)118 931 8239 • Fax: +44 (0)118 931 4741 Email: research@ismacentre.rdg.ac.uk • Web: www.ismacentre.rdg.ac.uk Director: Professor Brian Scott-Quinn, ISMA Chair in Investment Banking The ISMA Centre is supported by the International Securities Market Association