Syndicate or Underwriting Syndicate
A group of underwriters formed to buy a bond issue from the issuer and then offer the bonds for resale to the public.
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.
See Also
Underwriter
A securities broker or dealer that purchases bonds from an issuer and resells them to investors.
Start with the Bond Basics
Hundreds of Terms and Concepts
State and Local Government Series Securities (SLGS)
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.