Primary dealers
Published: 07.02.2013   |   Edited: 15.10.2015

A primary dealer system is a form of partnership between the issuer and financial institutions, the purpose of which is the implementation of a single strategy for strengthening and developing the functionality of the primary placement and secondary trading of securities.

Primary dealers act as intermediaries and experts on government debt securities markets, and undertake dialogue with investors by purchasing securities during primary placement and maintaining market maker obligations in secondary market.

Primary dealer system in Latvia has been launched on 11 February, 2013.

The objective of introducing this system is to stimulate activity and development of the government debt securities market – new borrowing instruments, broadening of investor base, more active, liquid and attractive securities market for investors, as well as to reduce risks associated with servicing government debt.

Quotes for Benchmark securities

Primary dealers obligations and rights

Primary dealers group

Smilšu ielā 1, Rīga, LV-1919, Latvia
Phone: + 371 67094222
Fax: + 371 67094220
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