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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Main Author: World Bank
Format: Working Paper
Language:English
en_US
Published: Washington, DC 2016
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2016/03/26122591/primary-dealer-systems-draft-background-note
http://hdl.handle.net/10986/24099
id okr-10986-24099
recordtype oai_dc
spelling 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
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic DEBT MANAGEMENT
ELIGIBILITY REQUIREMENTS
MARKET DEVELOPMENT
PRIMARY DEALER SYSTEMS
spellingShingle 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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