Agent bank: Difference between revisions
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* [[Syndicated loan]] | * [[Syndicated loan]] | ||
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Revision as of 19:26, 9 November 2013
1.
A bank which is responsible for the administration (including interest rate fixing) of a syndicated credit or bond issue, and which represents the lenders collectively in any negotiations with the borrower.
2.
A custody term designating any bank providing custody services on behalf of a custodian for securities traded in the country where the bank is based.
