Pre-sold issue

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Pre-sold issue

An issue that is sold out before the coupon announcement.

Pre-Sold Issue

An issue of a security, especially a bond, that is completely placed with investors before it is actually issued and before all relevant details, notably the price, are announced. Before a new issue, underwriters canvass potential investors, who may or may not book an order to buy a portion the new issue. Pre-sold issues occur almost exclusively with municipal and other government bonds, mainly because most other issues must register all their details with the SEC before they are allowed to place them. See also: Subscribed.
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Apart from the handful that will be retained by the directors, all bottles from the first cask have been pre-sold, but the next cask will be available for general release early in 2021.
Among the company's projects launched in the second quarter was Pixel Residences, its first residential development which was fully pre-sold in June last year.
PHirst Park Homes, the affordable housing brand of Century Properties Group Inc., has successfully pre-sold more than 3,000 housing units worth P4.4 billion from its first three projects.
My Housing Market Research Manager Ho Shih-chan attributed the rapid growth of the new and pre-sold homes this year to the ongoing economic recovery, market-friendly policies, and surging last-minute registrations in 2017 to dodge a new rule that excludes balcony roofs when calculating home values.
Fast forward three decades and the landscape in Manhattan has completely changed, with less than 7 per cent of registered sales being pre-sold. In New York, developers build and then sell.
To date, approximately 40% of the private apartments have been pre-sold and 100% of the affordable apartments have been pre-sold.
A recent survey for pre-sold tickets for 'Avengers: Infinity War' found that fans became more excited for the film after watching 'Black Panther'.
Currently have $2.3 MM in pre-sold builder contracts for 2017 installation.
Summary: In 3Q16, PIK pre-sold 227,000sqm, a gain of 28% YoY and 13% QoQ from a solid base.
supermarket, pre-sold to Sainsbury's, and a 32-unit residential tower which was pre-sold to a residential partner.
The One:1 Agera, a celebration edition marking 20 years of the Swedish brand Koenigsegg, has already been fully pre-sold.
The Cardiff-based bank has spent the past three years chiefly concluding deals and now wishes to look at fresh proposals, including funding for commercial property investment, providing commercial mortgages for owner-occupiers, development funding for pre-let or pre-sold commercial property and funding for residential development.