Primary Dealers In Government Securities Markets

Author : Mr.Marco Arnone,Mr.George Iden
Publisher : International Monetary Fund
Page : 66 pages
File Size : 40,5 Mb
Release : 2003-03-01
Category : Business & Economics
ISBN : 9781451846492

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Primary Dealers in Government Securities by Mr.Marco Arnone,Mr.George Iden Pdf

In many countries, authorities have designated a group of financial firms as the principal intermediaries in the government securities market-referred to as "primary dealers" or a "primary dealer system." This paper discusses policy issues related to the establishment of a primary dealer system for countries that may be considering taking this step. In this regard, a key issue is whether a primary dealer system fits into the overall strategy for financial market development in the country. Under a primary dealer system, the debt manager and the group of primary dealers pursue a common strategy in support of the effective functioning and development of primary and secondary markets for government securities. This paper presents results of a survey of country practices conducted in early 2001. Among the countries surveyed, there was broad agreement among authorities that a primary dealer system is to be highly recommended.

Author : Mr.Marco Arnone,Mr.Piero Ugolini
Publisher : International Monetary Fund
Page : 104 pages
File Size : 47,9 Mb
Release : 2005-02-25
Category : Business & Economics
ISBN : 1589063791

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Primary Dealers in Government Securities by Mr.Marco Arnone,Mr.Piero Ugolini Pdf

In the past 10 years a growing number of countries have established or began establishing a primary dealer system. This paper discusses the role of primary dealers, as well as theoretical, operational, and technical issues related to the establishment of a primary dealer system, in the overall management of public debt for countries that may be considering taking this step. Drawing on a 2001 survey of country practices, the paper discusses the rationale, costs and benefits, and key prerequisites, as well as selection criteria, obligations, and privileges of a primary dealer system. It also attempts to determine the conditions under which a primary dealer system would make a positive contribution to the functioning and development of the government securities market.

Author : Robin McConnachie
Publisher : Unknown
Page : 26 pages
File Size : 51,6 Mb
Release : 1996
Category : Government securities
ISBN : 1857300696

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Primary Dealers in Government Securities Markets by Robin McConnachie Pdf

Author : G. Iden
Publisher : Unknown
Page : 65 pages
File Size : 54,9 Mb
Release : 2006
Category : Electronic
ISBN : OCLC:1291217061

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Primary Dealers in Government Securities by G. Iden Pdf

In many countries, authorities have designated a group of financial firms as the principal intermediaries in the government securities market-referred to as primary dealers or a primary dealer system. This paper discusses policy issues related to the establishment of a primary dealer system for countries that may be considering taking this step. In this regard, a key issue is whether a primary dealer system fits into the overall strategy for financial market development in the country. Under a primary dealer system, the debt manager and the group of primary dealers pursue a common strategy in support of the effective functioning and development of primary and secondary markets for government securities. This paper presents results of a survey of country practices conducted in early 2001. Among the countries surveyed, there was broad agreement among authorities that a primary dealer system is to be highly recommended.

Author : William A. Hawk,Harris Trust and Savings Bank. Investment Department. Government Bond Division
Publisher : Unknown
Page : 180 pages
File Size : 45,6 Mb
Release : 1976
Category : Bonds
ISBN : STANFORD:20500141631

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The U.S. Government Securities Market by William A. Hawk,Harris Trust and Savings Bank. Investment Department. Government Bond Division Pdf

Author : United States. General Accounting Office
Publisher : Unknown
Page : 60 pages
File Size : 54,5 Mb
Release : 1987
Category : Federal Reserve banks
ISBN : UIUC:30112033949576

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U.S. Government Securities by United States. General Accounting Office Pdf

Author : George M. Bollenbacher,Samuel P. Peluso
Publisher : Prentice Hall
Page : 264 pages
File Size : 53,8 Mb
Release : 1988
Category : Business & Economics
ISBN : UCR:31210006883647

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The Professional's Guide to the U.S. Government Securities Markets by George M. Bollenbacher,Samuel P. Peluso Pdf

Author : Anonim
Publisher : World Bank Publications
Page : 452 pages
File Size : 40,8 Mb
Release : 2001-09-21
Category : Business & Economics
ISBN : 0821349554

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Developing Government Bond Markets: A Handbook by Anonim Pdf

This handbook is a comprehensive and authoritative reference for both senior policymakers—those responsible for the development of government bond markets in their own countries—and all individuals responsible for guiding the market development process at the operational level—those who have a substantial need to understand the policy issues involved.

Author : United States. General Accounting Office
Publisher : Unknown
Page : 164 pages
File Size : 55,9 Mb
Release : 1986
Category : Bonds
ISBN : UIUC:30112033949998

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U.S. Treasury Securities by United States. General Accounting Office Pdf

Author : Joseph Benning
Publisher : McGraw Hill Professional
Page : 22 pages
File Size : 53,7 Mb
Release : 2007-08-07
Category : Business & Economics
ISBN : 9780071719971

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Trading Stategies for Capital Markets, Chapter 10 - Government Bonds: A Toolbox by Joseph Benning Pdf

This chapter comes from a book written by Joseph Benning, a Moody's Vice President and former Senior Economist at the Chicago Board of Trade. Trading Strategies for Capital Markets provides examples of successful trading strategies, guidance on when and why to use them, and revealing discussions of trading psychology and risk management. With his trademark lively and engaging style, Dr. Benning cuts through the complexities of the capital markets, making them accessible, practical, interesting, and easy to understand.

Author : United States. Department of the Treasury
Publisher : Treasury
Page : 210 pages
File Size : 43,9 Mb
Release : 1992
Category : Auctions
ISBN : UIUC:30112003938195

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Joint Report on the Government Securities Market by United States. Department of the Treasury Pdf

Author : Anonim
Publisher : World Bank Publications
Page : 120 pages
File Size : 40,6 Mb
Release : 2007-01-01
Category : Business & Economics
ISBN : 9780821368756

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Developing the Domestic Government Debt Market by Anonim Pdf

Domestic government debt markets play a critical role in managing public debt effectively and reducing the vulnerability of developing countries to financial crises. Many aspects of debt markets - money, primary, and secondary markets; a diversified investor base; and sound securities custody and settlement systems and regulation - interact in complex ways and are affected by previous policies and developments. Developing the Domestic Government Debt Market: From Diagnostics to Reform Implementation draws insights from a joint pilot program set up by the World Bank and International Monetary Fund to design relevant reform and capacity-building programs in twelve countries. The experiences of these geographically and economically diverse countries - Bulgaria, Colombia, Costa Rica, Croatia, Indonesia, Kenya, Lebanon, Nicaragua, Pakistan, Sri Lanka, Tunisia, and Zambia - illustrate the challenges, obstacles, and progress in applying principles of market development. Developing the Domestic Government Debt Market will serve government officials contemplating or in the process of reforming their practices, providers of technical assistance, and practitioners working on building capacity in debt market development. Because effective development of debt markets is one key piece in sound public debt management, readers will also be interested in the companion volume, Managing Public Debt, published by The World Bank in February 2007, based on the same joint pilot program.

Author : United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Domestic Monetary Policy
Publisher : Unknown
Page : 492 pages
File Size : 53,6 Mb
Release : 1985
Category : Brokers
ISBN : UVA:X030228048

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Regulation and Supervision of the Government Securities Market by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Domestic Monetary Policy Pdf

Author : New York Institute of Finance
Publisher : Prentice Hall
Page : 298 pages
File Size : 40,8 Mb
Release : 1988
Category : Business & Economics
ISBN : UCSD:31822005216262

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How the Bond Market Works by New York Institute of Finance Pdf

Author : Mr.Peter Dattels
Publisher : International Monetary Fund
Page : 106 pages
File Size : 47,5 Mb
Release : 1995-11
Category : Business & Economics
ISBN : UCSD:31822021343454

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The Microstructure of Government Securities Markets by Mr.Peter Dattels Pdf

This paper applies the “market microstructure” literature to the specific features of government securities markets and draws implications for the strategy to develop government securities markets. It argues for an active role of the authorities in fostering the development of efficient market structures.