Tanemura, Tomoki; Inamura, Yasunari; Nishioka, Shinichi; … - Bank of Japan - 2004
Liquidity in the Japanese government bond (JGB) market has improved significantly as a result of a series of market reforms implemented since 2000. Market liquidity is a measure of "the level of ease with which trading can be conducted in the market." In order to facilitate trading in the JGB...