Lead manager

The bank or financial institution in charge of setting up a syndicated bank credit or a bond issue.

Similar financial terms

Leading economic indicators
Economic series that tend to rise or fall in advance of the rest of the economy.

Lead
Payment of a financial obligation earlier than is expected or required.

Value manager
A manager who seeks to buy stocks that are at a discount to their "fair value" and sell them at or in excess of that value. Often a value stock is one with a low price to book value ratio.

Managerial decisions
Decisions concerning the operation of the firm, such as the choice of firm size, firm growth rates, and employee compensation.

Co-manager
A bank that ranks just below a lead manager in a syndicated Eurocredit or international bond issue. Comanagers may assist the lead manger bank in the pricing and issue of the instrument.

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Noncompetitive bid

In a Treasury auction, bidding for a specific amount of securities at the price, whatever it may turn out to be, equal to the average price of the accepted competitive bids.


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