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Secondary Issue

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Secondary issue
(1) Procedure for selling blocks of seasoned issues of stocks. (2) More generally, sale of already issued stock.

Secondary Issue
1. The sale of a security that has already been issued. Generally speaking, it refers to any sale of a security other than transactions at the initial public offering, in the case of a stock, or the issuance, in the case of a bond.

2. The procedure followed when a firm attempts to sell more than 10,000 stocks or $200,000 worth of bonds that have previously been issued. See also: Seasoned stocks, Block.


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Malaysian Prime Minister Mohammed Najib Bin Abdul Razak KUALA LUMPUR, Oct 28 (KUNA) -- Malaysian Prime Minister Mohammed Najib Bin Abdul Razak stressed here on Wednesday that his country and Indonesia played important role in the issues of South-East Asia, and were interested in secondary issues that might affect the bilateral relations.
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