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SIFMA Recommends Full Market Close On January 17 For Trading Of US Dollar-Denominated Fixed-Income Securities In The US In Observance Of The Martin Luther King Day Holiday

Date 07/01/2011

SIFMA has confirmed its previous recommendation for a full market close on Monday, January 17 for the trading of US dollar-denominated fixed-income securities in the United States in observance of the Martin Luther King Day Holiday.

This recommendation applies to trading of US dollar-denominated government securities, mortgage- and asset-backed securities, over-the-counter investment-grade and high-yield corporate bonds, municipal bonds and secondary money market trading in bankers’ acceptances, commercial paper and Yankee and Euro certificates of deposit.

SIFMA’s recommended early and full market closes are recommendations only; each member firm should decide for itself whether its fixed-income departments remain open for trading. All SIFMA recommendations are subject to change due to market conditions.