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

  • In all the above Funds, Deposits means deposits issued by Banks included in the Second Schedule to the Reserve Bank of India Act 1934, or a Primary Dealer duly recognised by Reserve Bank of India as such.

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

  • Counterparty must be a Federal Reserve Bank, a Primary Dealer as designated by the Federal Reserve Bank of New York, or a nationally chartered commercial bank.

  • Current weekly data may be found at the Federal Reserve Bank of New York website (www.ny.frb.org/markets/primarydealers.html) under the Primary Dealer heading.1. The figures represent purchases and sales in the market by the primary U.S. government securities dealers reporting to the Federal Reserve Bank of New York.

  • Direct Parent of Primary Dealer Company A (Primary Dealer Affiliate) Trades between consolidated and unconsolidated entities are reportable.


More Definitions of Primary Dealer

Primary Dealer means a dealer who purchases shellfish directly from the harvester.
Primary Dealer means an institution that has been designated by the BDA as a Primary Dealer.
Primary Dealer means each bank appointed as a Primary Dealer by State Treasury.
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 physical person or a legal entity referred to
Primary Dealer means a firm that is allowed by a debt management office
Primary Dealer means a firm that is recognized as such by a debt management office or agency.