Fiscal agent
A bank or trust company that handles fiscal matters for a bond issuer, including paying coupons, redeeming bonds at maturity, and paying any relevant taxes. Unlike the trustee, the fiscal agent acts as a representative of the borrower.
A bank or trust company that handles fiscal matters for a bond issuer, including paying coupons, redeeming bonds at maturity, and paying any relevant taxes. Unlike the trustee, the fiscal agent acts as a representative of the borrower.