government broker

(redirected from Government Brokers)

Government Broker

A broker authorized to buy and sell UK government securities. The government broker conducts these transactions on the instructions of the Bank of England. Since 1986, market makers for gilt-edged securities have largely replaced government brokers.

government broker

the firm formerly appointed by the government to handle issues of government securities. In 1986 the Bank of England itself undertook the sale of such securities through a network of ‘approved’ dealing firms. See CAPITAL MARKET, STOCK EXCHANGE.
References in periodicals archive ?
When asked about President Hamid Karzai inviting Taliban and Hizb-e-Islami leaders Mullah Omar and Gulbuddin Hekmatyar for reconciliation, the UK ambassador said his government would support any reasonable solution the Afghan government brokers.
As United fans, we would ask all supporters to contact their MPs and demand that the government brokers a deal to allow Manchester United to play in the FA Cup next season.
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