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
Electronic Municipal Market Access (“EMMA”)
A website, operated by the MSRB, designated by the SEC as the official source for municipal securities data (including disclosures made pursuant to a continuing disclosure undertaking) and offering documents.