The “First Report on the Liquidity of the Secondary Market of the Italian Government Bonds- Year 2022” is now available online.
The Report, to be published annually, is the result of a collaboration among the Public Debt Directorate of the Department of the Treasury, MTS Spa and the CRIEP (Centro di Ricerca Universitario sull’Economia Pubblica). By means of statistical tools, the Report analyses the evolution of a series of metrics found to evaluate the liquidity degree of Italian Government bonds on the interdealer wholesale market MTS Italy.

The Report aims at making available a set of analytical insights in order to better understand the evolution over time of the liquidity of this market and therefore the efficiency of its functioning under multiple perspectives, taking into consideration both bond quoting and trading activities.

This first edition covers the year 2022.