This allows primary bond investors to buy government bonds safe in the knowledge that a market for the bonds will continue to exist.
The Federal Reserve announced Sunday that it would make discount-window borrowing available to Fannie Mae and Freddie Mac, reminiscent of its decision in March to provide direct loans to brokerage houses that are primary Treasury bond dealers as the Bear Stearns crisis came to a head.
There are several exemptions, including primary equity and bond issues, spot foreign-exchange deals and deals involving central clearing-houses.
That is the primary reason that the municipal bond market here, despite entering its sixteenth year, remains infantile.
Inter-dealer brokers have the only trading systems in the Canadian bond market and are the primary source of real-time price information.
As default risk is the primary driver of high-yield corporate bond prices, as opposed to interest rate direction, when the economy expands, the risk of high-yield corporate bonds defaulting is reduced and this is reflected in lower volatility.
Abe will probably persist with bond buying and inflation targets as his primary tools.
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This implies that a creditors primary concern is not the absolute safety of a bond or other credit instrument, but its relative safety.
Asian companies increasingly turned to bond markets as European banks, traditionally the primary lenders to Asian businesses, pulled back from lending ahead of new global rules that require them to hold more capital.
After courting bad publicity by saying that his primary interest in the film was "the broads and bread", Lazenby listened to his advisers who told him Bond was finished without Connery.
This will probably take the form of a bond buying program using the Emergency Stability Mechanism and the ECB to help push down borrowing costs via both primary and secondary purchases of Spanish sovereign debt.
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