off-the-run issue

(redirected from Off-the-Run Issues)

Off-the-Run Issue

A security for which a dealer does not provide bids and asks. See also: Run.
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off-the-run issue

A security issue that is not included in a dealer's list of offerings. Compare run.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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The government will buy back the off-the-run issues and offer on- the-run bonds with high liquidity, while increasing the on-the-run issues through the extension of fungibility from one year to two years.