Coupon pass

Coupon pass

Canvassing by the desk of primary dealers to determine the inventory and maturities of their Treasury securities. The desk then decides whether to buy or sell certain issues (coupons) in order to add or withdraw reserves.
References in periodicals archive ?
The 5 coupon Discover Colombia Airpass when flying with Avianca Transatlantic is from US$220 and they now have a new 3 coupon pass from US$120.