Bookrunner

From Open Risk Manual

Definition

The Bookrunner of a securitisation is the entity that establishes market demand for the Notes issued by the Issuer, thereby help determine the price of the notes (equivalent the yield / interest rate)

Details

None

Variations

None

Issues and Challenges

None

See Also

None

Disclaimer

  • This information is provided as is without any representation of correctness, completeness or suitability for any purpose whatsoever. Refer to actual securitisation prospectuses for the definitive terms applicable in each case
  • Definitions, detailed descriptions and other content may change at any time as further examples or relevant aspects are introduced