Al-Roshoud, explained that KFH has a long track-record of participating in IILM's issuances since its inception where KFH was the first bank in Kuwait nominated as a primary dealer
Over this period, the average CDS buyer had to pay 120 basis points to insure the senior unsecured bonds of a primary dealer
Proprietary Trading of Government Securities on the stock exchanges provided such trading is carried out by the Primary Dealers
(PDs) directly on the workstation given by the exchange for this purpose.
Further consideration suggests, however, that the apparent need for direct lending during crises stems, not from the inadequacy of open market operations as such, but from the inadequacy of the Fed's particular rules and procedures for conducting such operations, including its reliance upon the primary dealer
In a statement released recently, cabinet said it had instructed the finance ministry to issue bonds worth N$250 million to the central bank for the establishment of a portfolio that the bank will use to finance settlement by the primary dealers
Osman Morad, Managing Director & CEO, Standard Chartered Bank Malaysia said "We are proud to be the only global bank to be appointed a Primary Dealer
for the programme.
This refers to the rules governing primary dealer
system issued vide DMMD circular no.
The State Bank of Pakistan recently, 2nd year in a row has declared JS Bank as the Number 1 Primary Dealer
of Government Securities for the year 2011-12.
Global Banking News-April 18, 2011--Goldman Sachs India to launch primary dealer
operations(C)2011 ENPublishing - http://www.
Meanwhile, the Ministry of Strategy and Finance also announced a plan to reform the primary dealer
policy, aiming to promote competition among primary dealers
and to establish a system that corresponds with those of developed treasury markets.
BANKING AND CREDIT NEWS-6 August 2010-Ukraine grants primary dealer
status to 3 banks(C)1994-2010 M2 COMMUNICATIONS http://www.