Liquidity of corporate credit has become an increasingly hot topic in recent years with regulators, accountants, investors, risk managers, trading desks and internal management focusing on the ability to measure the liquidity associated with bond positions. Market liquidity, the ability of market participants to buy or sell a specific position with minimal price impact, is one critical measure of liquidity.

Markit’s Bond Liquidity provides market participants with an independent set of liquidity measures, including an easy to understand and transparent liquidity score made available as standard to clients of Markit's next generation Evaluated Bond pricing service. Metrics include:

- Identifying each price source used to price a security
- Bid / ask spread data
- Market depth using both intra-day dealer runs and end-of-day contributions
- Liquidity scores

With the combination of liquidity scores and transparency on underlying prices used, Markit can provide objective information on a security’s liquidity to market participants.