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reopen an issue

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Reopen an issue
The Treasury, when it wants to sell additional securities, will occasionally sell more of an existing issue (reopen it) rather than offer a new issue.

reopen an issue
In U.S. Treasury financing, to sell additional securities of an existing issue rather than to offer a new issue with different terms. If the market for debt has changed since the existing issue was sold, reopening the issue will require a revised selling price to make the securities competitive in the current market.


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During consideration of a case, the Appeals office should neither reopen an issue settled at the exam level nor raise a new issue, unless the ground for such action is substantial and the potential effect upon the tax liability is material.
Third, a trader who attempted to gain from market manipulation now faces the prospect of aggressive Treasury debt management that would reopen an issue to shave any illicit gain.
 
 
 
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