giving investors liquidity that was unavailable before

discount after the war ended,
Ping K15 Sale

ETFs have allowed fixed income investments to trade on an exchange,
Ping G25 Sale, giving investors liquidity that was unavailable before,
TaylorMade SLDR Sale, in the over the counter bond market. For example, iShares iBoxx $ Investment Grade Corporate Bond (NYSEARCA:LQD) trades about 2 million shares per day for a dollar weighted volume of close to $218 million. If 70% of the trading is secondary market liquidity,
Ping I20 Sale, the ETF has created about $152 million of additional liquidity on a daily basis.