to an Agreement on a Primary Dealership System for HFF Bond Auctions and Market Making of HFF Bonds in the Secondary MarketJune 26th, 2013
FiledJune 26th, 2013The primary dealer has the option to borrow HFF bonds (hereafter referred to as borrowed bonds) from HFF on a temporary basis, in bond classes listed below, in exchange for collateral (hereafter referred to as collateral securities) or cash guarantee.