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 23, 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 23, 2026).
HarvardBarry Goldsmith 2010, paying agent (also fiscal agent), Smart Define, viewed 23 September, 2026, <http://smartdefine.org/paying_agent_(also_fiscal_agent)/definitions/1160296>.
MLABarry Goldsmith. "paying agent (also fiscal agent)" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/paying_agent_(also_fiscal_agent)/definitions/1160296>