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Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

When Issued

Referring to a conditional offer for a new security, subject to the security actually being issued. Before a new issue, underwriters canvass potential investors, who may or may not book an order to buy a portion the new issue. Orders made are said to be effective "when issued" because they may not be completed, especially if the offering is cancelled. Less formally, orders when issued are referred to as orders "with ice" or orders "when distributed."
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


Used on the consolidated tape to indicate the transaction of a security on a when-issued basis: GMPrE wi 10s47 1/2 .


Used in stock transaction tables in newspapers to indicate securities traded on a when-issued basis: BltGE wi.
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.
References in periodicals archive ?
Wisconsin's reductions in workers' comp rates are consistent with the national trend.
MILWAUKEE (AP) -- The longtime tuition reciprocity agreement between Minnesota and Wisconsin is stoking a cross-border rivalry as the two states compete for a declining number of top college prospects.
(Co-Provided with the Wisconsin Nurses Association)
Wisconsin Mutual again unsuccessfully attempted an electronic transfer on Nov.
He won the Cooperative Builder award in 2007 from the Wisconsin Federation of Cooperatives and led the effort to unify that organization with the Minnesota Association of Cooperatives, a task that began in 1998 and was finalized in 2004 (the name was changed to Cooperative Network in 2009).
The greatest number of suicide deaths in Wisconsin were among men ages 35-54.
The goal is to develop a standard process for contractors and builders across Wisconsin to follow to recycle vinyl siding waste from new home construction is on its way to being met, according to VI.
Enrollment in virtual schools remains small--in Wisconsin, a mere 1,460 students in 2004-05.
More information on the online tracking project is available from WasteCap Wisconsin's Web site at www.wastecapwi.org/join.
Dan Freund is an attorney who practices in Eau Claire, Wisconsin. He volunteered his efforts to help defeat the ban because, as a Unitarian, he feels it is his duty to defend people's civil rights.
Bernard is Vice President-Taxes and Real Estate of Kimberly-Clark Corporation in Neenah, Wisconsin.
As the winners of the Wisconsin Small Business Persons of the Year Award, they could be named National Small Business Persons of the Year.

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