Agent bank: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Category added 9/10/13 and spacing) |
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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. | 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. | ||
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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. | 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 == | == See also == | ||
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* [[Reference bank]] | * [[Reference bank]] | ||
* [[Syndicated loan]] | * [[Syndicated loan]] | ||
[[Category:Bank_Lending]] | |||
Revision as of 08:29, 9 October 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.
