Fully Subscribed

Fully Subscribed

Describing a situation in which an underwriting syndicate places a new issue in the exact amount it is issued. Before a new issue, underwriters canvass potential investors, who may or may not book an order to buy a portion the new issue. If investors agree to buy the exact amount that is issued, the security is said to be fully subscribed. A fully subscribed issue indicates that the issuer priced it perfectly, creating an equilibrium of supply and demand. This can be quite difficult to do. See also: Overbooked, Underbooked.
References in classic literature ?
Miss Miggs went on to say that she would recommend all those whose hearts were hardened to hear Lord George themselves, whom she commended first, in respect of his steady Protestantism, then of his oratory, then of his eyes, then of his nose, then of his legs, and lastly of his figure generally, which she looked upon as fit for any statue, prince, or angel, to which sentiment Mrs Varden fully subscribed.
Global Banking News-October 13, 2017--GIC IPO fully subscribed
ST) announced on Tuesday that its warrant programme 2014 has been fully subscribed.
Assuming the offering is fully subscribed, the subscribed shares will represent approximately 10.
The companies' shares have been fully subscribed by partners.
R, placed the fully subscribed Northeast Upgrade Project (NEUP) in service Nov.
If the offer is fully subscribed, the number of Taro Pharmaceutical shares to be purchased in the offer represents about 4.
If the IPO is fully subscribed, Zain Group's stake in the Iraqi opco could fall to 51% from 76%.
KO), Denmark's largest lender by market capitalisation, has said its previously announced DKK20bn rights issue has been fully subscribed and that it plans to use the proceeds to boost its capital position ahead of new European banking rules.
MUSCAT: Renaissance Services, Oman-based multinational oil and gas services provider, has announced that its recent issue of subordinated loan notes of RO40 million to Omani investors has been fully subscribed in the largest mezzanine financing offer by a non-banking company in the Sultanate of Oman to date.
The IPO was fully subscribed within half an hour of its opening on December 7, 2009.
As a result, we anticipate that Fund VIII will quickly be fully subscribed by both our existing investment partners and a small group of new investors.