Primary Dealer Systems : Draft Background Note
Primary dealer system can make substantial contributions to the development of the market when its establishment is appropriate for prevailing market conditions. While by no means a precondition for a well functioning government securities market, primary dealers know the market best and are the...
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Online Access: | http://documents.worldbank.org/curated/en/2016/03/26122591/primary-dealer-systems-draft-background-note http://hdl.handle.net/10986/24099 |
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okr-10986-240992021-04-23T14:04:19Z Primary Dealer Systems : Draft Background Note World Bank DEBT MANAGEMENT ELIGIBILITY REQUIREMENTS MARKET DEVELOPMENT PRIMARY DEALER SYSTEMS Primary dealer system can make substantial contributions to the development of the market when its establishment is appropriate for prevailing market conditions. While by no means a precondition for a well functioning government securities market, primary dealers know the market best and are the counterpart of the investors who are the debt management office’s ultimate target. The purpose of this background note is to provide some guidance on how to design a primary dealer system so as to best meet the development needs of the market as well as the legitimate expectations of the parties involved. 2016-04-20T21:31:57Z 2016-04-20T21:31:57Z 2010-03 Working Paper http://documents.worldbank.org/curated/en/2016/03/26122591/primary-dealer-systems-draft-background-note http://hdl.handle.net/10986/24099 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Publications & Research Publications & Research :: Working Paper |
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Digital Repository |
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World Bank Open Knowledge Repository |
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World Bank |
language |
English en_US |
topic |
DEBT MANAGEMENT ELIGIBILITY REQUIREMENTS MARKET DEVELOPMENT PRIMARY DEALER SYSTEMS |
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DEBT MANAGEMENT ELIGIBILITY REQUIREMENTS MARKET DEVELOPMENT PRIMARY DEALER SYSTEMS World Bank Primary Dealer Systems : Draft Background Note |
description |
Primary dealer system can make substantial contributions to the development of the market
when its establishment is appropriate for prevailing market conditions. While by no means a
precondition for a well functioning government securities market, primary dealers know the
market best and are the counterpart of the investors who are the debt management office’s
ultimate target. The purpose of this background note is to provide some guidance on how to
design a primary dealer system so as to best meet the development needs of the market as
well as the legitimate expectations of the parties involved. |
format |
Working Paper |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Primary Dealer Systems : Draft Background Note |
title_short |
Primary Dealer Systems : Draft Background Note |
title_full |
Primary Dealer Systems : Draft Background Note |
title_fullStr |
Primary Dealer Systems : Draft Background Note |
title_full_unstemmed |
Primary Dealer Systems : Draft Background Note |
title_sort |
primary dealer systems : draft background note |
publisher |
Washington, DC |
publishDate |
2016 |
url |
http://documents.worldbank.org/curated/en/2016/03/26122591/primary-dealer-systems-draft-background-note http://hdl.handle.net/10986/24099 |
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1764455644498231296 |