dealership/market maker network was established whereby the Primary Dealers/Market Makers ("PDMMs") are the only institutions authorised to deal directly with the DMO in Bond auctions and as such are expected to play an active role in the issuance, sale and marketing of all FGN Bonds to be issued subsequent to their appointment as PDMMs. Apart from underwriting every Bond Issue, the PDMMs are also required to make 2-way price quotes on the Bonds to their customers and other PDMMs in all market conditions upon demand. In essence, therefore, there is a viable and vibrant secondary market trading in FGN Bonds issued by the DMO from August 2006. See also Index fund Bond market index Emerging market debt References Golaka C Nath: Designing a Sovereign Bond Index CCIL INDIA External sources Access Bank Plc Debt Management Office Government bond indices