... P., and Lando, D. (2009), Corporate bond liquidity before and after the onset of the subprime crisis, Working Paper, Copenhagen Business School, Institute of Finance. Feldhütter, P. and D. Lando ... Dan Salandro and Kuldeep Shastri (1988), “On the Estimation of Bid-Ask Spreads: Theory and Evidence.” Journal of Financial and Quantitative Analysis, Vol. 23, pp 219-229. Covitz, D. and C. ... government and covered bond markets in Denmark before, during and after the 2008 financial crisis. The analysis focuses on wholesale trading in benchmark bonds in the two markets and is based...