This article presents evidence on the evolution of liquidity in the UK corporate bond market
for the period 2008-2014. Based on a series of widely accepted liquidity measures, the …

We present a new measure of liquidity known as ⬠Slatent liquidity� and apply it to a
unique corporate bond database to discern the characteristics of bonds that lead to higher …

Liquidity level and liquidity risk are priced in the cross-section of corporate bond yields and
returns. In the first case the focus is on the individual liquidity level while in the second case …

We characterize the liquidity of bond trading at the Oslo Stock Exchange (OSE). We use the
complete history of bond prices quoted at the OSE from 1990 to 2016. We first characterize …

We investigate whether liquidity is an important price factor in the US corporate bond market.
In particular, we focus on whether liquidity effects are more pronounced in periods of …

The importance of liquidity in financial markets is emphasized strongly in the academic
literature. There is no single definition of liquidity, which can lead to confusion when …

We use proprietary transactional data to examine the determinants of liquidity in the UK
government bond (gilt) market, over a rich sample period that covers both the financial crisis …

In this report we investigate the liquidity of the European fixed income market using a large
sample of government, corporate and covered bonds. We construct a robust liquidity index …

Most of what is known about the functioning of corporate bond markets is based on studies
of large developed markets. Using a previously unexploited dataset, we examine the …

This paper investigates the impact of liquidity shocks on the composition of firms that enter
the corporate bond market. When liquidity is at a premium, larger bonds by better known …