After the Accord A History of Federal Reserve Open Market Operations, the US Government Securities Market, and Treasury Debt Management from 1951 to 1979
Book contents
- After the Accord
- Studies in Macroeconomic History
- After the Accord
- Copyright page
- Dedication
- Contents
- Charts
- Tables
- Boxes
- Foreword
- Acknowledgments
- Treasury Officials
- Federal Reserve Officials
- The Many Varieties of Dealer
- 1 Introduction
- Part I The System and the Market in the 1940s
- Part II The Accord and Its Aftermath
- Part III The New Regime
- Part IV Summer 1958 and Its Consequences
- Part V The End of Bills Preferably
- Part VI The 1960s
- Part VII Updating Market Infrastructures
- Contents
- 23 The Association of Primary Dealers
- 24 Dealer Finance
- 25 The Government Securities Clearing Arrangement
- 26 Securities Lending
- 27 The Book-Entry System, Part I
- Part VIII The 1970s
- Part IX Infrastructure in the 1970s
- References
- Index
24 - Dealer Finance
from Part VII - Updating Market Infrastructures
Published online by Cambridge University Press: 14 January 2021
Book contents
- After the Accord
- Studies in Macroeconomic History
- After the Accord
- Copyright page
- Dedication
- Contents
- Charts
- Tables
- Boxes
- Foreword
- Acknowledgments
- Treasury Officials
- Federal Reserve Officials
- The Many Varieties of Dealer
- 1 Introduction
- Part I The System and the Market in the 1940s
- Part II The Accord and Its Aftermath
- Part III The New Regime
- Part IV Summer 1958 and Its Consequences
- Part V The End of Bills Preferably
- Part VI The 1960s
- Part VII Updating Market Infrastructures
- Contents
- 23 The Association of Primary Dealers
- 24 Dealer Finance
- 25 The Government Securities Clearing Arrangement
- 26 Securities Lending
- 27 The Book-Entry System, Part I
- Part VIII The 1970s
- Part IX Infrastructure in the 1970s
- References
- Index
Summary
Recounts the debate during meetings of the Joint Study steering committee about whether the Federal Reserve should, in the interest of promoting market liquidity, make it easier for dealers to obtain financing to purchase and carry Treasury securities.
Keywords
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- After the AccordA History of Federal Reserve Open Market Operations, the US Government Securities Market, and Treasury Debt Management from 1951 to 1979, pp. 380 - 386Publisher: Cambridge University PressPrint publication year: 2021