Agent bank: Difference between revisions
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Revision as of 14:01, 23 October 2012
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.
See also
