What is the meaning of Paying Agent (Also Fiscal Agent)?

Generally a bank that performs the function of paying interest and principal for the issuing body.

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APABarry Goldsmith. (2010). Paying Agent (Also Fiscal Agent). Retrieved September 24, 2026, from http://smartdefine.org/paying_agent_(also_fiscal_agent)/definitions/1160296
ChicagoBarry Goldsmith. 2010. "Paying Agent (Also Fiscal Agent)" http://smartdefine.org/paying_agent_(also_fiscal_agent)/definitions/1160296 (accessed September 24, 2026).
HarvardBarry Goldsmith 2010, Paying Agent (Also Fiscal Agent), Smart Define, viewed 24 September, 2026, <http://smartdefine.org/paying_agent_(also_fiscal_agent)/definitions/1160296>.
MLABarry Goldsmith. "Paying Agent (Also Fiscal Agent)" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/paying_agent_(also_fiscal_agent)/definitions/1160296>