| Description |
1 online resource (64 pages) : illustrations |
| Series |
IMF working paper ; WP/03/45 |
|
IMF working paper ; WP/03/45.
|
| Summary |
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 |
| Bibliography |
Includes bibliographical references (page 64) |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
|
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
|
Print version record |
| Subject |
Government securities.
|
|
Brokers.
|
|
Debts, Public.
|
|
Expenditures, Public.
|
|
Brokers
|
|
Debts, Public
|
|
Expenditures, Public
|
|
Government securities
|
| Form |
Electronic book
|
| Author |
Iden, George, author.
|
|
International Monetary Fund. Monetary and Exchange Affairs Department.
|
| ISBN |
1451893663 |
|
9781451893663 |
|
1281600679 |
|
9781281600677 |
|
