off-the-run issue

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Off-the-Run Issue

A security for which a dealer does not provide bids and asks. See also: Run.

off-the-run issue

A security issue that is not included in a dealer's list of offerings. Compare run.
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Trading was heaviest in T-bills and Two-Year active and Off-The-Run maturities at $32.
In the CLO market, LCDS may eventually allow for more rapid construction and greater diversification of synthetic CLOs than cash CLOs, assuming liquidity supports the trading of more off-the-run names.
With off-the-run assets, or the use of non-standard servicing systems, the financial viability of the seller/servicer becomes a particularly important issue because of the potential difficulty of accomplishing a timely and efficient transfer of servicing in the event of the financial failure or other default of the seller/servicer.
Outstanding off-the-run Benchmark Securities will not be eligible for repurchase within one week of the scheduled pricing date of a comparable maturity noncallable Benchmark Notes new issue or reopening.
Fannie Mae (NYSE:FNM), the nation's largest source of financing for home mortgages, today announced that it may periodically repurchase its off-the-run Benchmark Notes(R) and Benchmark Bonds(SM) for asset/liability management purposes.
We think it is very useful in providing anonymity, price discovery, and trading at a known, fixed spread, particularly in off-the-run names.
Real-time prices are available for active and off-the-run Treasury Bills, Notes, Bonds, Basis, Money Markets, Zero Coupons and Government Agency securities.
And since the prices are live, it's also a quick pricing source for off-the-run issues.
NEW YORK--(BUSINESS WIRE)--May 29, 1996--End-of-Day prices for all active and off-the-run U.
Through graphs and related commentary, this service delivers issue-specific value analysis, identifies off-the-run issues that are rich or cheap, provides yield curve and spread analysis, tracks intra-day shifts in the two and ten year, and relates current yield volatility to historical norms.
0 will enable traders to access the market's liquidity for benchmarks, off-the-runs, spreads and now futures, in addition to a broad range of other fixed income products, on a single screen.