off-the-run issue

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Off-the-Run Issue

A security for which a dealer does not provide bids and asks. See also: Run.

off-the-run issue

A security issue that is not included in a dealer's list of offerings. Compare run.
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References in periodicals archive ?
Nichola Hunter, COO of LiquidityEdge, said, 'We recognise the role innovative technology can play in helping improve the distribution options in off-the-run US Treasury liquidity.
In the CLO market, LCDS may eventually allow for more rapid construction and greater diversification of synthetic CLOs than cash CLOs, assuming liquidity supports the trading of more off-the-run names.
With off-the-run assets, or the use of non-standard servicing systems, the financial viability of the seller/servicer becomes a particularly important issue because of the potential difficulty of accomplishing a timely and efficient transfer of servicing in the event of the financial failure or other default of the seller/servicer.
Outstanding off-the-run Benchmark Securities will not be eligible for repurchase within one week of the scheduled pricing date of a comparable maturity noncallable Benchmark Notes new issue or reopening.
Fannie Mae (NYSE:FNM), the nation's largest source of financing for home mortgages, today announced that it may periodically repurchase its off-the-run Benchmark Notes(R) and Benchmark Bonds(SM) for asset/liability management purposes.
We think it is very useful in providing anonymity, price discovery, and trading at a known, fixed spread, particularly in off-the-run names.
Real-time prices are available for active and off-the-run Treasury Bills, Notes, Bonds, Basis, Money Markets, Zero Coupons and Government Agency securities.
And since the prices are live, it's also a quick pricing source for off-the-run issues.
NEW YORK--(BUSINESS WIRE)--May 29, 1996--End-of-Day prices for all active and off-the-run U.
Through graphs and related commentary, this service delivers issue-specific value analysis, identifies off-the-run issues that are rich or cheap, provides yield curve and spread analysis, tracks intra-day shifts in the two and ten year, and relates current yield volatility to historical norms.