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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 ?
Women's Institute Vigo group vice-president and committee member Brenda Gowland said: "I think it says a lot about the respect they have for her - it is just lovely.
The issue hit the local and national headlines and Cabinet papers reveal that at its meeting on June 11, 1980 the Secretary of State for Social Services, Patrick Jenkin said a local government official in North-east England had made a public statement which suggested that the sale through Women's Institutes was contrary to the law.
Tricia Stewart, one of the Women's Institute calendar girls, said: 'The most important thing is to raise money for charity in a tongue--in-cheek way.
But Hollywood has not reckoned on the tenacity of the Rylstone and District Women's Institute ladies, who are insisting that any movie is a babe-free zone.
The first Women's Institute was set up in Llanfairpwll.
I was mobbed by 11 different members of the Women's Institute who were saying, 'What is this recipe?
Jade created several campaign leaflets and a new Handbook for the Women's Institute, which she is planning to show the members at their next meeting in July.
UP AND AWAY: Adventurous Women's Institute members wait for their turn to take to the skies
Yesterday, Liverpool Women's Institute had a day of celebration kicking off with stalls and artists at Blackburne House.
THE LONG MARCH: A total of 227 members of the Long Distance Walkers' Association are pictured setting off from Great Ayton Women's Institute Hall on the gruelling 55 mile North Dalesman Walk around the North York Moors in September 1982.
Anna Surridge, 16, got the energy-saving idea when she joined the ladies at her local Women's Institute.
She was a guest of Stocksmoor Women's Institute in the Village Hall and spoke about her life, including her many years as an MP.

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