02044cas a2200253 a 4500 AALejournalIMF002302 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451846492 1018-5941 BD-DhAAL BD-DhAAL Iden, George. Primary Dealers in Government Securities : Policy Issues and Selected Countries Experience / George Iden, Marco Arnone. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (65 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students In many countries, authorities have designated a group of financial firms as the principal intermediaries in the government securities market-referred to as "primary dealers" or a "primary dealer system." This paper discusses policy issues related to the establishment of a primary dealer system for countries that may be considering taking this step. In this regard, a key issue is whether a primary dealer system fits into the overall strategy for financial market development in the country. Under a primary dealer system, the debt manager and the group of primary dealers pursue a common strategy in support of the effective functioning and development of primary and secondary markets for government securities. This paper presents results of a survey of country practices conducted in early 2001. Among the countries surveyed, there was broad agreement among authorities that a primary dealer system is to be highly recommended. Mode of access: Internet Arnone, Marco. IMF Working Papers; Working Paper ; No. 2003/045 Full text available on IMF http://elibrary.imf.org/view/journals/001/2003/045/001.2003.issue-045-en.xml IMF e-Library