dealer bank

(redirected from Dealer Banks)

Dealer Bank

A commercial bank that buys and sells U.S. Treasury securities, municipal bonds, and/or agency securities. Dealer banks are registered with the Municipal Securities Rulemaking Board. Investing in dealer banks is very low risk because the securities they hold are virtually risk-free and often are exempt from taxation.

dealer bank

A commercial bank that buys and sells municipal securities and/or U.S. government and agency securities.
References in periodicals archive ?
The 2008 failure and near-collapse of some of the largest dealer banks underscored the complexity and vulnerability of the industry.
A study of dealer banks finds that their unique sources of financing are highly efficient in normal times, but may be subject to marked and abrupt reductions in stressful times.
Global Banking News-September 15, 2014--BB seeks remittance information from dealer banks
Bangladesh Bank has sought detailed information from its authorised dealer banks.
New ION solution allows dealer banks and liquidity providers to trade and stream quotes for Eris Exchange Interest Rate Swap Futures starting in July
In addition, they would curtail access to capital markets for small municipal issuers that rely on local dealer banks to underwriter their debe securities.
The Funding Corporation, as agent for the System Banks, issues, markets, and handles System debt securities through a selling group of approximately 40 investment banks and dealer banks.
The IILM auctioned a USD490m three-month sukuk to seven primary dealer banks.
Funding Corporation utilizes selling groups of investment banks and dealer banks.
SS&C's Lightning suite of Internet based information and services helps dealer banks and their correspondents effectively manage their fixed income portfolios.
The first is a suite of bond accounting, interest rate analytic, and asset liability management services under the brand name PortPro(R), which is primarily sold through dealer banks and bond brokers.
The following securities dealers and dealer banks are currently authorized to sell Fannie Mae Investment Notes: A.