Agent bank

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Revision as of 08:29, 9 October 2013 by imported>Doug Williamson (Category added 9/10/13 and spacing)
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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