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U.S. Government Securities: The Federal Reserve Response Regarding Its Market-Making Standard

GGD-87-55FS Published: Apr 21, 1987. Publicly Released: Apr 21, 1987.
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Highlights

In response to a congressional request, GAO submitted material on its analysis of primary dealers' participation at Department of the Treasury auctions.

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Brokerage industryFederal reserve banksUS Treasury securitiesFinancial instrumentsSecuritiesMonetary policies