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When Issued

Referring to a conditional offer for a new security, subject to the security actually being issued. Before a new issue, underwriters canvass potential investors, who may or may not book an order to buy a portion the new issue. Orders made are said to be effective "when issued" because they may not be completed, especially if the offering is cancelled. Less formally, orders when issued are referred to as orders "with ice" or orders "when distributed."


Used on the consolidated tape to indicate the transaction of a security on a when-issued basis: GMPrE wi 10s47 1/2 .


Used in stock transaction tables in newspapers to indicate securities traded on a when-issued basis: BltGE wi.
References in periodicals archive ?
For two days after the appeals court decision, just about every abortion clinic in Wisconsin was out of business.
Grigg has been employed by Wisconsin Electric for 24 years with responsibilities encompassing all major functions of Wisconsin Electric.
Since 1996, WMEP has brought back $21 million to help Wisconsin manufacturers improve competitiveness.
The company filed an application for a beneficial reuse exemption with the Wisconsin Department of National Resources, which was issued in Feb.
Appleton Papers shut down two paper machines at its Locks mill, and Stora-Enso is closing two paper machines and one pulp mill in Wisconsin.
The Wisconsin Public Defender's September 1996 Budget Forecasting Report showed that the agency had sent $12.
Komen for the Cure has a unique approach to fighting breast cancer by investing in critical research to address the needs of future generations but also engaging the Affiliate network to fund community-oriented education programs to serve the breast health needs of today," said Susan Ford-Hoffert, president of the Komen Central Wisconsin Affiliate.
Michael Bernstein has been named Southwestern Regional Vice President of Blue Cross & Blue Shield United of Wisconsin, the majority shareholder of United Wisconsin Services.
USA Technologies applauds the Wisconsin Focus on Energy utility for its environmental leadership in helping fund the installation of EnergyMisers to reduce the energy consumed by refrigerated vending machines and snack machines in the State," said Stephen P.
It features a comprehensive system of health care services provided by the University of Wisconsin Medical School faculty, UW Hospital and Clinics, a network of rural practices, and more than 500 participating providers in the region.
Not only does OnBase automate key business processes and improve member service, it assists with our compliance initiatives because all documents are stored in a single, searchable and secure location," said Eric Bass, IT applications system specialist for Great Wisconsin Credit Union.
Under terms of the agreement, United Wisconsin Services will acquire HMO of Wisconsin Insurance Corp.

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