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1RBI/DMD/201617/29 Master Direction IDMD.PDRD.01/03.64.00/201617July 1, 2016All Primary Dealers Dear Sir / Madam Master Direction Operational Guidelines for Primary Dealers Reserve Bank of India has,
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All primary dealers are financial institutions that are authorized to participate in government securities auctions and act as market makers in the secondary market for US Treasury securities.
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The purpose of all primary dealers is to provide liquidity and stability to the US Treasury securities market.
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Information such as trading activity, risk management practices, and financial condition must be reported on all primary dealers.
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