NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Corporate Bond Liquidity During the COVID-19 Crisis

Mahyar Kargar, Benjamin Lester, David Lindsay, Shuo Liu, Pierre-Olivier Weill, Diego Zúñiga

NBER Working Paper No. 27355
Issued in June 2020, Revised in August 2020

---- Acknowledgments ----

We would like to thank Darren Aiello, Roc Armenter, Mitchell Berlin, Nathan Foley-Fisher, Borghan Narajabad, Avanidhar Subrahmanyam, Stéphane Verani, James Vickery, and seminar participants at UCLA Anderson and UCLA economics for comments and suggestions. Yiling Pan provided expert research assistance. The views expressed here do not necessarily reflect the views of the Federal Reserve Bank of Philadelphia or the Federal Reserve System. The first version of this paper was circulated on April 16th, 2020.

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