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Corporate Bond Spreads and the Pandemic IV: Liquidity Buffers


Abstract: The cost of borrowing rose for most firms during the pandemic-related disruption of financial markets, but firms with greater liquidity have had smaller increases in credit spreads.

Keywords: COVID-19; Coronavirus; Bonds; Corporate bonds;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2020-06-12