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 M¢25  Funded By Mahalo ? |  July 16, 2009 02:09 PM

Do all banks sell fixed asset, government securities?

How many banks sale government securities?
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July 16, 2009 03:22 PM
All banks can trade government securities in the secondary market just like any investor can buy a stock in the secondary market (but can't necessarily participate in an IPO). Only 18 "primary" banks (as selected by the Federal Reserve) can buy treasuries when issued in an auction by the Fed on behalf of the Treasury Department. So to answer your question. Only the Fed can sell them when issued and only primary banks can sell them into the secondary market.
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July 16, 2009 05:19 PM
Do banks trade securities profiting or lossing money on the trades?

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