Sermin Gungor - Latest - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-29T13:43:40+00:00Have Liquidity and Trading Activity in the Canadian Corporate Bond Market Deteriorated?
https://www.bankofcanada.ca/2018/09/staff-analytical-note-2018-31/
Since 2010, the liquidity of corporate bonds has improved on average, while their trading activity has remained stable. We find that the liquidity and trading activity of riskier bonds or bonds issued by firms in different sectors have been stable. However, the liquidity and trading activity of bonds issued by banks have improved. We observe short-lived episodes of deterioration in liquidity and trading activity.2018-09-21T12:00:07+00:00enHave Liquidity and Trading Activity in the Canadian Corporate Bond Market Deteriorated?2018-09-21Have Liquidity and Trading Activity in the Canadian Provincial Bond Market Deteriorated?
https://www.bankofcanada.ca/2018/09/staff-analytical-note-2018-30/
In recent years, the liquidity in the secondary market for Canadian provincial bonds was a concern for many market participants. We find that a proxy for the bid-ask spread has deteriorated modestly since 2010. However, a proxy for price impact as well as measures of trade size, the number of trades and turnover have been stable or improved since 2010. This holds for bonds issued by different provinces and for bonds of different ages and sizes. Alberta bonds provide an interesting case study: After the fall in oil prices in 2014–15, the province increased its borrowing in the bond market and its credit rating was downgraded. Yet trading activity for Alberta bonds increased significantly. Overall, we interpret the evidence as a sign of resilience in the provincial bond market.2018-09-18T11:40:35+00:00enHave Liquidity and Trading Activity in the Canadian Provincial Bond Market Deteriorated?2018-09-18Government of Canada Securities in the Cash, Repo and Securities Lending Markets
https://www.bankofcanada.ca/2018/01/staff-discussion-paper-2018-4/
This paper documents the properties of Government of Canada securities in cash, repo and securities lending transactions over their life cycle. By tracking every security from issuance to maturity, we are able to highlight inter-linkages between the markets for cash and for specific securities.2018-01-31T13:44:50+00:00enGovernment of Canada Securities in the Cash, Repo and Securities Lending Markets2018-01-31Financial marketsWholesale fundingStaff Discussion Paper 2018-4https://www.bankofcanada.ca/wp-content/uploads/2018/01/sdp2018-4.pdfGovernment of Canada Securities in the Cash, Repo and Securities Lending MarketsNarayan BulusuSermin GungorJanuary 2018GG1G12G2G21G23