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Has liquidity in Canadian government bond markets deteriorated? / by Sermin Gungor and Jun Yang.FB3-7/2017-10E-PDF

"This note presents measures of liquidity used by the Bank of Canada to monitor market conditions and discusses recent trends in Government of Canada (GoC) fixed-income market liquidity. Our results indicate that the Bank’s measures have improved since the financial crisis. Furthermore, GoC market liquidity deteriorated following several stressful events: the euro crisis in 2011, the taper tantrum in 2013 and the oil price shock in 2015. In all three cases, the deterioration remained within historical norms and liquidity returned to normal levels afterwards."--Abstract, p. ii.

Permanent link to this Catalogue record:
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Publication information
Department/Agency
  • Bank of Canada.
TitleHas liquidity in Canadian government bond markets deteriorated? / by Sermin Gungor and Jun Yang.
Series title
  • Staff analytical note = Note analytique du personnel, 2369-9639 ; 2017-10
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • Title from cover.
  • Includes bibliographical references.
  • Text in English, abstract in English and French.
Publishing information
  • Ottawa : Bank of Canada, c2017.
Author / Contributor
  • Gungor, Sermin.
  • Yang, Jun, 1970-
Descriptionii, 6 p. : graphs
Catalogue number
  • FB3-7/2017-10E-PDF
Subject terms
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