Recognized Dealers

RECOGNIZED DEALERS

The system of Primary dealers was established in 2013. It is the key instrument that allows the Debt and Liquidity Management Agency (ARDAL) to conduct issuance and distribution of Government securities on behalf of Ministry of Finance. The cooperation between ARDAL and Primary dealers is described in bilateral agreements that include the Right and Duties of Primary Dealers and Rules of ARDAL for trades on primary and secondary market of the Government debt securities.

Primary and Recognized Dealers have rights and duties that are slightly different based on the fact whether the particular dealer has the right and intention to be Primary dealer or his cooperation is only on Recognized dealer level.
The performance of particular dealer is regularly monitored and evaluated.
The main rights and duties of Recognized dealer (detailed rights and duties description is available in the contractual documentation here):

Recognized dealers have the right to:
- participate on the primary and secondary market with government debt securities that is organized by the ARDAL,
- use the title Recognized Dealer of the Slovak Government Debt Securities’,
Recognized dealers have the duty to:
- participate in an auction of the GDS independently of other participants in auctions.

Vyhľadávanie

Important

31. 03. 2020
The next auction will take place on Monday 4 April 2020. The T-bills 18 A and 19 A will be offered in this auction. More
26. 03. 2020
We have published the Treasury Bills Issues and Auction Calendar for first half 2020. More
24. 03. 2020
The next auction will take place on Monday 30 March 2020. The bonds 236 F, 234 K and 233 I will be offered in this auction. More
16. 03. 2020
The next auction will take place on Monday 23 March 2020. The T-bills 17 C will be offered in this auction. More
09. 03. 2020
The next auction will take place on Monday 16 March 2020. The bonds 236 E and 229 N will be offered in this auction. More
03. 03. 2020
We have published the Monthly Report about the ARDAL´s activities, which includes summary of government securities as of 29 February 2020 and outlook for March 2020. More
Archive important information