dealer bank

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 newly released directive of the Bangladesh Banks Foreign Exchange Policy Department allows a BGMEA member manufacturer-exporter to get a loan of as much as $20 million via an authorised dealer bank for input purchases against export letter of credit (L/C), firm export contract and inland back-to-back L/C.
In contrast, when a borrower repays the dealer bank, the borrower also reclaims the collateral it posted to the bank.
Frequently, the local dealer bank, becuse of its commitment to the community, is the only participant in the financial service industry that is willing to address the needs of such an issuer.
It is the temporary loan of a security from an institutional investor's portfolio to a broker/dealer or dealer bank to support that firm's trading activities.
UPIBG was a nationwide fixed-income dealer bank subsidiary of UPC, at the time UPC was a $4 billion bank holding company.
Global Banking News-September 15, 2014--BB seeks remittance information from dealer banks
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.