Registrar
The person or entity responsible for maintaining records on behalf of the issuer for the purpose of recording the names of the owners of registered bonds.
bond-basics
Registered Bond
A Bond whose owner is designated on records maintained for this purpose by a Registrar, often the Paying Agent or Trustee. Transfers of the Bonds occurs only by a transfer on these records. The Principal and Interest on “fully registered” Bonds is paid directly by check (or other fund transfer) to the registered owner.
See Also
Start with the Bond Basics
Hundreds of Terms and Concepts
Current Refunding
A refunding in which all refunded Bonds are redeemed within ninety days of the issuance of the refunding bonds.