We examine the microstructure of liquidity provision in the COVID-19 corporate bond liquidity crisis. During the two … and stabilized trading conditions. Most of the impact of SMCCF on bond liquidity seems to have materialized following its …-primary dealers, shifted from buying to selling, causing dealers' inventories to plummet. Liquidity provisions in electronic customer …

German corporate bond funds by merging data on asset liquidity with information on fund ownership. First, conditional on …Mutual funds' exposure to corporate bonds has brought concerns about risks arising from liquidity transformation back … to the fore. With a focus on fund asset liquidity and investors, this paper explores the flow-performance relationship …

higher than the pre-crisis levels, signaling a general decline in bond market liquidity due perhaps to regulatory changes in …We compile a rich dataset that links institutional investors' position level holdings with corporate bond … elasticities across the main players in the corporate bond market, namely insurers, pension funds, and mutual funds. Long …