Fully Subscribed

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Fully Subscribed

Describing a situation in which an underwriting syndicate places a new issue in the exact amount it is issued. Before a new issue, underwriters canvass potential investors, who may or may not book an order to buy a portion the new issue. If investors agree to buy the exact amount that is issued, the security is said to be fully subscribed. A fully subscribed issue indicates that the issuer priced it perfectly, creating an equilibrium of supply and demand. This can be quite difficult to do. See also: Overbooked, Underbooked.
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References in periodicals archive ?
The guided tour has been fully booked immediately after the news was released.
All the five airlines plying Nairobi-Eldoret-Lodwar route were fully booked," he said.
In fact, this year's Wellington Walking Festival has already seen its bat walk already fully booked.
Two out of the seven hotels near the stadium are fully booked while the rest have reported high occupancy on Monday till Tuesday.
The restaurant is now fully booked for Christmas Day lunch, however, the bar will be open from 12pm-3pm for drinks.
Local tourists travelling to the main destinations during the three-day Water Festival are expected to greatly increase, as insiders say hotel and guesthouses are fully booked.
FULLY BOOKED"Top hotels in Kisumu such as Acacia, Imperial and Jumuia Resort were fully booked by VIPS who were to attend the main celebrations.
ISLAMABAD -- Hotels in the central area around the Grand Mosque in Makkah are fully booked for the last 10 days of Ramadan, according to saudi industry sources.
Santiago said white sand beaches, particularly in Caramoan, Camarines Sur; San Jacinto, Masbate, and Calaguas island in Vinzons, Camarines Norte are among the top tourist attractions.He said hotels and inns in the areas are fully booked.
According to the Westin Chosun Hotel, Tuesday, it was fully booked Wednesday, adding rooms for Thursday and Friday were also expected to be occupied.
Fans of Marke and Prince Harry who wish to be in the same location as them are out of luck because 98 percent of the hotel rooms are already fully booked. A few rooms that are still available for reservation have become too expensive.
MANY of Cardiff's hotels are already fully booked for the night Anthony Joshua takes on Kubrat Pulev in the Welsh capital.

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