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Tap Issue |
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Tap Issue An issue of a bond that is not placed immediately with investors. That is, the issuer authorizes the bond and makes it available, but holds it back until it needs or desires the cash flow that the sale of the issue would bring. The French and British governments are the most common tap issuers. A tap issue is also called tap stock. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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