Reoffering yield

Reoffering yield

In a purchase and sale, the yield to maturity at which an underwriter offers to sell bonds to investors.

Reoffering Yield

The yield of a municipal bond if one buys it from an underwriter and holds it until maturity.
References in periodicals archive ?
Interest cost to issuers is the sum of the underwriter spread plus the reoffering yield (Sorensen, 1979).
underwriters in setting reoffering yields above market
If so, the underwriters' ability to exercise monopolistic powers in setting reoffering yields may be diminished.
Each new tax exempt bond issue is posted to the firm's Web site so investors can see the principal amounts offered, the fixed coupons, the dollar prices and the reoffering yields.