Fiscal Agent

  • 2 Posts
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  • 1 Types
August 25, 2024 4 min read Definitions
Fiscal Agent: Role and Functions in Financial Management
Finance Banking Fiscal Agent Financial Management Banking Bond Issuance Tax Handling
An in-depth exploration of fiscal agents, their duties including disbursing funds, handling taxes related to bonds, redeeming bonds and coupons, and paying rents.
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August 25, 2024 3 min read Definitions
Tax and Loan Account: Repository for U.S. Treasury Operating Cash
Finance Banking Tax and Loan Account U.S. Treasury Federal Reserve Fiscal Agent Operating Cash
A Tax and Loan (T&L) Account is an account held at private-sector depository institutions in the name of the district Federal Reserve Bank, serving as a repository for operating cash available to the U.S. Treasury.
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