Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does administrative agent mean?

SEARCHING
Suggestion/Report Error
administrative agent
Noun

The party that conducts the administrative operations of an ABCP program, including monitoring receivables, the issuance and repayment of the CP, reporting, ensuring issuer compliance with the program documents and the credit and investment policy, communicating with the issuing and paying agent (IPA), and drawing under the credit and/or liquidity enhancement if needed.

top
© 2015-2020 Pecunica LLC.  All rights reserved.
;