Fiscal agent (also used in German; more rarely, fiscal agent)

An institute appointed by a corporation or public sector entity to advise in financial matters and to manage payment transactions. – A bank or banking syndicate appointed by the borrower to undertake certain duties related to a new issue, such as assisting the payment of interest and principal, redeeming bonds or coupons, handling taxes, nursing etc.). – In particular also said by the Deutsche Bundesbank. It is the principal bank of the Federal Republic of Germany, holds accounts for the public authorities, handles payment transactions and assists the Federal Republic and the federal states in borrowing on the capital market. In addition, it puts coins into circulation that the Federal Government may issue after the size of the issue has been approved by the ECB. – See arranger, federal securities, equity arranger, rate maintenance.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
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