Primary Dealers definition
Examples of Primary Dealers in a sentence
This Assignment and Assumption (this “Assignment and Assumption”) is dated as of the Effective Date set forth below and is entered into by and between the Assignor identified in item 1 below (the “Assignor”) and the Assignee identified in item 2 below (the “Assignee”), through their respective Applicable Primary Dealers, pursuant to the Master Loan and Security Agreement identified below (the “Loan Agreement”).
Master Loan and Security Agreement among Federal Reserve Bank of New York, as Lender, The Bank of New York Mellon, as Administrator, The Bank of New York Mellon, as Custodian, and the Primary Dealers party thereto (each on behalf of itself and its respective Borrowers), as amended or supplemented from time to time.
Taylor Ladies and Gentlemen: Reference is made to the Master Loan and Security Agreement (as it may be amended or supplemented from time to time, the “MLSA”), by and among Federal Reserve Bank of New York, as Lender, The Bank of New York Mellon, as Administrator, The Bank of New York Mellon, as Custodian, and the Primary Dealers party thereto.
Copies of the documentation effecting the sale or transfer of Collateral described in the preceding Section 19.2 shall be delivered by each of the Applicable Primary Dealers to Custodian and Administrator.
Government Debt Management, in consultation with Primary Dealers in govern- ment bonds, assesses the functioning of the auction facility on an ongoing basis.
These criteria are deemed fulfilled when Serial Bond is at least EUR 3 billion in size and a majority of Primary Dealers have participated in the offering of the bond.
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.
The difference between the Initial Price of Loaned Securities and Collateral in these transactions is equal to the discount rate, which Primary Dealers pay to NDMA.
Market making: Quoting of two-way prices for Danish T-bills for a minimum of 5 hours per day within 9:00 – 16:30 with a maximum spread and for minimum amounts defined by the Government Debt Management in consultation with the Primary Dealers in T-bills.
Auctions take place in accordance with an auction calendar or outside such a calendar, provided that a notice is given to Primary Dealers one week prior to the auction.