Unseasoned issue

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Unseasoned issue

Issue of a security for which there is no existing market. See: Seasoned issue.

Unseasoned Issue

A new issue that only recently started trading. It is called unseasoned because investors do not know with certainty how the market will treat the issue, and whether or not it will be successful.
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References in periodicals archive ?
Walter, "A Direct Test of Rock's Model of the Pricing of Unseasoned Issues," Journal of Financial Economics (August 1989), pp.