Manager or Co-Manager
One or more members of a bond underwriting syndicate that has primary responsibility for managing the syndicate.
Agreement used in the purchase of a Bond Issue by a Syndicate to set out the rights, obligations and purchase commitments of each Underwriter; to authorize one or more Underwriters to act as Manager(s); and to give the Manager(s) authority to act on behalf of the others in connection with the Bond Issue.
See Also
One or more members of a bond underwriting syndicate that has primary responsibility for managing the syndicate.

Pronounced “slugs,” an acronym for “State and Local Government Series,” which are special United States Treasury securities sold to issuers and conduit borrowers directly by subscription from the Department of the Treasury.