Ebbs and flows: the determinants of local currency bond market liquidity in Poland
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DOI: 10.1080/17520843.2020.1790626
Abstract: ABSTRACT Liquidity facilitates price discovery, improves market efficiency and lowers transaction costs. We make use of a novel dataset of daily bond fixings on Warsaw Stock Exchange’s official bond trading platform (2005–2018 period). Using bid-ask… read more here.
Keywords: liquidity; bond; flows determinants; market ... See more keywords