How do Canadian Corporate Bond Mutual Funds Meet Investor Redemptions?
Guillaume Ouellet Leblanc () and
Rohan Arora ()
No 2018-14, Staff Analytical Notes from Bank of Canada
When investors redeem their fund shares for cash, fixed-income fund managers can choose whether to draw on their liquid holdings or sell bonds in the secondary market. We analyze the liquidity-management decisions of Canadian corporate bond mutual funds, focusing on the strategies they use to meet investor redemptions.
Keywords: Financial markets; Financial stability (search for similar items in EconPapers)
JEL-codes: G G1 G2 G20 G23 (search for similar items in EconPapers)
Pages: 11 pages
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9) Track citations by RSS feed
Downloads: (external link)
https://www.bankofcanada.ca/2018/05/staff-analytical-note-2018-14/ Full text (text/html)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:bca:bocsan:18-14
Access Statistics for this paper
More papers in Staff Analytical Notes from Bank of Canada 234 Wellington Street, Ottawa, Ontario, K1A 0G9, Canada. Contact information at EDIRC.
Bibliographic data for series maintained by ().