What are the rights and duties of managing and agents bank in international bond markets.
Answers
Answered by
0
International bond market simply means funds raised from foreign economy by using debt instruments. ..... 4.4) Rights and Duties of Managing and Agent Banks.
Answered by
0
The rights and duties of managing and agents bank in international bond markets are to help with the administrative aspect of the transaction and act as an intermediary bank for work on behalf of another bank or company
Explanation:
- An agent bank are intermediaries banking institutions which helps with managing the services on behalf of another bank, business organisation or an individual. The agent banks provide their services as an intermediary between the main bank and the company they are involved
- There are number of services which the agents banks help with for any enterprises wanting to expand their business globally and with the international financial markets. The agents banks help with the transaction of cash and with the transacting in international bond market
- The agents banks have the capability of helping a number of banks with loans and bonds. The involvement of the agent banks depends on the activity or transactions that they are involved with the company or bank
To know more about agent banks
Why bank is called the agent of its customer?
https://brainly.in/question/6600798
Similar questions