Treasury Market Practices Group

The Treasury Market Practices Group (TMPG) is an organization that brings together participants in the U.S. Treasury market to promote best practices and improve market efficiency. It includes representatives from banks, asset managers, and other financial institutions. The TMPG establishes guidelines and standards for trading, settlement, and reporting to enhance transparency and reduce risks. By fostering collaboration among market participants, the TMPG helps ensure that the Treasury market operates smoothly, which is vital for the overall stability of the financial system, as Treasuries are essential for government financing and are widely used as safe investments.