U.S. Government Securities

The Federal Reserve Response Regarding Its Market-Making Standard Gao ID: GGD-87-55FS April 21, 1987

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

GAO presented material it received in response to questions concerning primary dealer participation at U.S. Treasury auctions and in market-making activities.

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