Dear colleagues, May I draw your attention to a SUERF BAFFI Bocconi e-lecture: Fixed Income Market Liquidity: Where do we stand?<https://www.suerf.org/webinars/2437/fixed-income-market-liquidity-where-do-we-stand> , which will take place on Thursday, 3 March 2022, online from 15:00 to 16:30 CET. In case you are not able to attend or want further colleagues to also listen in, please feel free to forward this e-mail invitation. For registration, please use this link<https://www.suerf.org/webinars/2437/fixed-income-market-liquidity-where-do-we-stand#register>. Kind regards Ernest Gnan Prof Dr Ernest Gnan Secretary General, SUERF – The European Money and Finance Forum www.suerf.org<http://www.suerf.org> Counsel to the Board and Head, Economic Analysis Division Oesterreichische Nationalbank PO box 61, 1011 Vienna, Austria ernest.gnan@oenb.at<mailto:ernest.gnan@oenb.at> +43 1 40420 7400 [cid:image002.png@01D7CFD9.8FA24BF0] Invitation www.suerf.org<http://www.suerf.org/> SUERF BAFFI Bocconi e-Lecture Fixed Income Market Liquidity: Where do we stand?<https://www.suerf.org/webinars/2437/fixed-income-market-liquidity-where-do-we-stand> Thursday, 3 March 2022 I 15:00-16:30 CET Dear SUERF colleagues, Two years after the US Treasury market dislocation in March 2020, the purpose of this webinar is to discuss the resilience of the liquidity in major bond markets (cash, repo, swaps, and futures) and the policy work underway. This segment of the global financial system is seeing steadily rising importance due to e.g. sharply increasing issuance (e.g. the EU’s Nexgen programme) but has also faced major stress events in recent years. Against this backdrop key issues for discussion are: * To what extent is the current decentralized market structure, which heavily relies on bank Dealers, still up to the growing challenges? * What can policy makers do to foster market liquidity? Where does the ongoing reform process in US markets stand? * What is the impact of long-term structural trends on resilience of market liquidity: Low-rate environment, growing electronic trading, declining role of bank Dealers and rising role of non-bank intermediaries such as Principal Trading firms? * Do major bond markets need a permanent “Dealer of last resort”? * What is the European perspective on bond market liquidity, also in the light of the work towards a Capital Markets Union? Speakers [cid:image003.jpg@01D82311.03D24E00] Please register here<https://www.suerf.org/webinars/2437/fixed-income-market-liquidity-where-do-we-stand#register> Thursday, March 3, 2022 I 15:00-16:30 CET, online via Webex Feel free to share this invitation with colleagues who might be interested to attend! ________________________________ We look forward to your participation! SUERF - The European Money and Finance Forum c/o OeNB, Otto-Wagner-Platz 3, A-1090 Vienna<https://maps.google.com/?q=Otto-Wagner-Platz+3,+A-1090+Vienna&entry=gmail&source=g> Tel: +43 1 40420 7216<tel:+431404207216> - E-mail: suerf@oenb.at<mailto:suerf@oenb.at>. . [Suerf On Twitter] <https://twitter.com/suerf_org> [Suerf On LinkedIn] <https://www.linkedin.com/company/suerf---the-european-money-&-finance-forum> Der Euro hat für uns alle viele Vorteile. Alle Infos zu 20 Jahre Euro-Bargeld unter: http://www.euroat20.at Diese E-Mail kann vertrauliche Informationen enthalten und irrtümlich an Sie gelangt sein. In diesem Fall informieren Sie bitte sofort die Absenderin bzw. den Absender und vernichten Sie diese E-Mail. Das unerlaubte Kopieren sowie die unbefugte Weitergabe dieser Mail oder von Teilen dieser Mail sind nicht gestattet. Informationen gemäß DSGVO zur Verarbeitung personenbezogener Daten durch die OeNB finden Sie unter www.oenb.at/datenschutz<https://www.oenb.at/datenschutz>.
