Primary Dealer definition

Primary Dealer means a Non-Banking Financial Company that holds a letter of authorisation issued by the Reserve Bank to act as a Primary Dealer, in terms of the "Guidelines for Primary Dealer in Government Securities Market" dated March 29, 1995, as amended from time to time;
Primary Dealer means any governmental bond dealer reporting to, trading with and recognized as a primary dealer by the Federal Reserve Bank of New York and included in the most current “List of the Primary Government Securities Dealers Reporting to the Market Reports Division of the Federal Reserve Bank of New York”.
Primary Dealer means a person appointed under section 145 as a primary dealer for securities issued by the Authority.

Examples of Primary Dealer in a sentence

  • Investment firms which have the status of Primary Dealers (or investment firms that have within their Group an entity that is recognised as Primary Dealer) authorised by the relevant Sovereign Issuer in at least three European countries.

  • Investment firms which are recognised as Primary Dealers (or investment firms that have within their Group an entity that is recognised as Primary Dealer) in the country whose government securities are available for trading on the relevant Segment; evidence of such qualification shall be the registration in the specific register kept by the relevant debt management office or similar local competent authority.

  • Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain other broker-dealers.


More Definitions of Primary Dealer

Primary Dealer means a dealer who purchases shellfish directly from the harvester.
Primary Dealer means each bank appointed as a Primary Dealer by State Treasury.
Primary Dealer means an institution that has been designated by the BDA as a Primary Dealer.
Primary Dealer means a physical person or a legal entity referred to
Primary Dealer means (a) in relation to SGS, a person approved under Part VIIA of the Government Securities Act (Cap. 121A) to be a primary dealer; or (b) in relation to MAS Bills, a person approved under section 145 of the Monetary Authority of Singapore Act (Cap. 186) as a primary dealer;
Primary Dealer means a firm that is recognized as such by a debt management office or agency.
Primary Dealer means a firm that is allowed by a debt management office