bond-basics

Manager or Co-Manager

One or more members of a bond Underwriting Syndicate that has primary responsibility for managing the Syndicate.

Life’s a Party

Learn more about the various parties involved in a municipal securities transaction and their roles.

A group of underwriters formed to buy a bond issue from the issuer and then offer the bonds for resale to the public.

A securities broker or dealer that purchases bonds from an issuer and resells them to investors.

The sale of a new issue of bonds by an issuer through an exclusive agreement with an underwriter or underwriting syndicate selected by the issuer.