government broker

Government Broker

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.

government broker

the 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.

单词	government broker
释义	government broker Government Broker 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. government broker the 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.
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