[HTML][HTML] An overview of the Fed's new credit policy tools and their cushioning effect on the COVID-19 recession
The economics literature lacks articles that provide a broad roadmap—let alone a logical
explanation—of the new set of Federal Reserve policy tools that were created to counter the …
explanation—of the new set of Federal Reserve policy tools that were created to counter the …
[PDF][PDF] Flight to liquidity or safety? recent evidence from the municipal bond market
We examine how the COVID-19 pandemic and subsequent policy actions impacted
municipal bond pricing through liquidity and credit risk channels. Focusing on narrow …
municipal bond pricing through liquidity and credit risk channels. Focusing on narrow …
How the new fed municipal bond facility capped municipal-treasury yield spreads in the Covid-19 recession
For over two centuries, the municipal (muni) bond market has been a source of systemic risk,
which returned early in the Covid-19 downturn when borrowing from securities markets …
which returned early in the Covid-19 downturn when borrowing from securities markets …
[PDF][PDF] Municipal finance during the covid-19 pandemic: Evidence from government and federal reserve interventions
T Li, J Lu - Available at SSRN 3637636, 2020 - mendoza.nd.edu
We study the functioning of the municipal bond market during the COVID-19 pandemic. The
average offering yield increases while the number of new issues drops when county-level …
average offering yield increases while the number of new issues drops when county-level …
The impact of COVID-19 pandemic on government bond yields
Y Zhou, D Teresienė… - Frontiers in …, 2022 - frontiersin.org
The COVID-19 pandemic is a real shock to society and business and financial markets. The
government bond market is an essential part of financial markets, especially in difficult times …
government bond market is an essential part of financial markets, especially in difficult times …
[PDF][PDF] The term structure of the excess bond premium: Measures and implications
In this article, we construct daily aggregate as well as short-, medium-, and longterm “excess
bond premium”(EBP) measures using a widely available corporate bond database (known …
bond premium”(EBP) measures using a widely available corporate bond database (known …
Municipal markets and the municipal liquidity facility
N Fritsch, J Bagley, S Nee - 2021 - papers.ssrn.com
Municipal bond markets experienced a significant amount of strain in response to the COVID-
19 crisis, creating liquidity and credit concerns among market participants. During the …
19 crisis, creating liquidity and credit concerns among market participants. During the …
The Federal Reserve Municipal Liquidity Facility (MLF): Where the municipal securities market and fed finally meet
CL Johnson, TT Moldogaziev, MJ Luby… - Public Budgeting & …, 2021 - Wiley Online Library
The CARES Act authorized the Municipal Liquidity Facility (MLF) with an explicit purpose of
aiding state and local governments with their liquidity needs during the COVID‐19 …
aiding state and local governments with their liquidity needs during the COVID‐19 …
The Challenging Time for Indonesia Government Bond During Covid-19 Pandemic
M Mulyono - Binus Business Review, 2023 - journal.binus.ac.id
The Covid-19 pandemic has hit various countries and impacted the bond market. The
research aimed to analyze the effect of the Covid-19 pandemic on government bond yields …
research aimed to analyze the effect of the Covid-19 pandemic on government bond yields …
Essays on the Political Economy of Central Banking
NK Cooper - 2023 - search.proquest.com
This three-chapter dissertation analyzes the political economy of central banking by
examining the Bank of Amsterdam and the Federal Reserve's Municipal Liquidity Facility as …
examining the Bank of Amsterdam and the Federal Reserve's Municipal Liquidity Facility as …