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Rump stocks

The DMO acts as a buyer of last resort for gilts that have been designated rump stocks, for which GEMMs are not required to quote two-way prices. Although the DMO only deals direct with GEMMs, institutions or private individuals can ask for a bid price via a broker, who will deal with the GEMM. [Pg.297]

See other pages where Rump stocks is mentioned: [Pg.292]    [Pg.297]    [Pg.297]    [Pg.292]    [Pg.297]    [Pg.297]    [Pg.285]   
See also in sourсe #XX -- [ Pg.292 ]



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