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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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treasuries, for example, in the spread between on-the-run (just issued) and off-the-run issues.
In recent years, more than half of reported interdealer broker trading in nominal Treasury debt, on average, took place in on-the-run securities, even though off-the-run issues outnumbered on-the-run issues more than twenty to one.
including market commentary and coverage of specials, off-the-run issues and term repos.
 
 
 
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