What COVID-19 revealed about the resilience of bond funds

Category Primary study
Year 2020
The liquidity management strategies of fund managers, supported by policy measures, have helped bond funds limit the increase in redemptions caused by COVID 19. This avoided further deterioration in liquidity in bond markets. Nevertheless, these funds were left with lower cash buffers, which could make them more vulnerable to additional large redemptions.
Epistemonikos ID: cda1c5443ef99dbf45d7c9198aaa2f10d9e4fdf3
First added on: Feb 03, 2021