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.

Hudson Yards Rail Yards

Start with the Bond Basics

Agreement Among Underwriters

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.