Reoffering yield

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Reoffering yield

In a purchase and sale, the yield to maturity at which an underwriter offers to sell bonds to investors.

Reoffering Yield

The yield of a municipal bond if one buys it from an underwriter and holds it until maturity.
References in periodicals archive ?
underwriters in setting reoffering yields above market
If so, the underwriters' ability to exercise monopolistic powers in setting reoffering yields may be diminished.
Both higher spreads and reoffering yields contributed to the earlier findings that competitive sales had an interest cost advantage (Joehnk and Kidwell, 1979).
Does it make any difference anymore? Competitive versus negotiated municipal bond issuance
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