By the numbers: New data behind the bond ETF primary process

As bond ETFs continue to increase in size and scale relative to the bond market, a robust, durable primary ... K. 2021. “The Anatomy of Bond ETF Arbitrage.” BIS Quarterly Review (March). Available here . ... we show the post issuance pattern for municipal bonds in Figure 2. Source: MSRB as of 12/31/2020. ................
................