BizTerm Definition
Public Securities Association
Full Definition

The US bond market trade body for dealers and brokers. Operates the GOVPX bond market information as a joint venture between its members. GOVPX is a US government sponsored venture. It supplies around the clock information on Treasury bills, notes and bonds which are traded on the inter-dealer brokers market. GOVPX sells its information to a number of information vendors including Bloomberg, Knight-Ridder and Reuters.

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