*Letters

TBMA Submits Comments to the Board of Governors of the Federal Reserve System on Payments System Risk Policy

Published on:
April 16, 2004

The Bond Market Association (TBMA)* provides comments on theFederal Reserve System (Fed)policy statement on payments system risk, specifically the rule provision that address release interest and redemption payments on securities issued by the government-sponsored enterprises (GSEs) and international organizations.

*SIFMA is the product of the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.

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