A group of Recognized Dealers in Belgian Government securities was established in order to serve the three same strategic goals as for the Primary Dealers :
- to enhance the placing of OLOs, strips and Treasury Certificates,
- to ensure their liquidity on the secondary market,
- to promote Belgian Sovereign Debt.
But besides these goals, the specific mission of the Recognized Dealers is to promote the placement and the distribution of Belgian Sovereign securities particularly in certain geographical areas or market segments and/or with certain categories of final investors.
However, their rights and obligations are lighter than those of the Primary Dealers. For instance, there is no obligation for Recognized Dealers concerning a minimum market participation in primary and secondary markets in OLOs and Treasury Certificates. It must also be noted that they are not entitled to submit non-competitive subscriptions bids during the OLO and Treasury Certificate auctions.
Their functions, duties and special relationship with the Treasury are further described in the "code of duties" to which they subscribe.
- ABN AMRO BANK NV, AMSTERDAM
ABN Amro NV - Gustav Mahlerlaan 10 - 1082 PP Amsterdam (PO Box 283 - 1000 EA Amsterdam) - Nederland
- BELFIUS BANQUE SA, BRUSSELS
Belfius Banque SA - Place Charles Rogier 11 - 1210 Bruxelles - Belgique
Belfius Bank NV - Karel Rogierplein 11 - 1210-Brussel - België
- COMMERZBANK AG, FRANKFURT
Commerzbank AG - Kaiserstrasse 16, 60311 Frankfurt a/M - Deutschland
- GOLDMAN SACHS INTERNATIONAL BANK, LONDON
Goldman Sachs International Bank - Peterborough Court 133 Fleet Street - London EC4A 2BB - United Kingdom
- COÖPERATIEVE RABOBANK U.A, UTRECHT
Coöperatieve Rabobank U.A. - Croeselaan 18 - 3521 CB Utrecht - Nederland
- SCOTIABANK EUROPE PLC, LONDON
Scotiabank Europe plc - Bishopsgate 201, 6th Floor - London-EC2M 3NS - United Kingdom