Primary Dealer Committee Sample Clauses

Primary Dealer Committee. Primary Dealers and State Treasury form a committee for the purpose of promoting smooth operation of the Government Bond market and for providing a forum for the exchange of information and resolution of problems. Each party to the Agreement shall appoint one member to represent it on the committee. In the event that a regular member is unable to attend a committee meeting, the concerned party may be represented by a deputy member. State Treasury’s representative shall act as chairman of the committee and State Treasury shall appoint the secretary of the committee. Meetings of the committee shall be called at the initiative of the chairman or when at least half of the members of Primary Dealer Committee request a meeting for the purpose of considering a specified matter.
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Related to Primary Dealer Committee

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