government broker(redirected from Government Brokers)
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.
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government brokerthe 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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005