Liquidity is an important feature for any domestic bond market, being associated with a well organized market. A liquid … present paper is the first to investigate the liquidity of government bond secondary market in Romania, included in the …. Since this is the first paper trying to measure the liquidity of BVB government bond market segment, a high number of …

supply is associated with lower bond market liquidity over the subsequent month. The result is both statistically and … controlled for. The result is consistent with the interpretation that risk-averse dealers tend to provide less liquidity to the … illiquid may also contribute to the impact of debt supply on market liquidity …

There are competing arguments about the likely effects of Sovereign Bond-Backed Securitization on the liquidity of … sovereign bond markets. By analyzing hedging and diversification opportunities, this paper shows that positive liquidity …

This study analyzes how heterogenous institutional investors affect Korean Treasury bond liquidity in the over … lower liquidity. The liquidity-reducing effects of foreign investors are stronger for off-the-runs than on-the-runs and for … investment companies contribute to enhancing liquidity. Furthermore, the effect of bond holdings by domestic banks, insurance …

This paper studies the impact of government debt supply on the liquidity premium, as measured by the yield spread … between public and private safe assets. I test, at a quarterly frequency, how the liquidity premium of Treasury bills against …

liquidity, I examine the importance of sovereign debt liquidity in a New Keynesian environment with wage rigidities and … liquidity of government bonds has significant detrimental effects on output, employment and investment. A shut down of sovereign … policies taken in 2012 aimed at rising liquidity seem to have prevented a longer and deeper economic downturn …