reopen an issue

Reopen an issue

The Treasury, when it wants to sell additional securities, will occasionally sell more of an existing issue (reopen it) rather than offer a new issue.
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reopen an issue

In U.S. Treasury financing, to sell additional securities of an existing issue rather than to offer a new issue with different terms. If the market for debt has changed since the existing issue was sold, reopening the issue will require a revised selling price to make the securities competitive in the current market.
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 ?
"This is isn't one of those agreements where you can reopen an issue or renegotiate a provision," U.S.
* Appeals also will not reopen an issue on which the taxpayer and the IRS are in agreement.
Why is the government of Israel suddenly seeking to reopen an issue that has been closed for the better part of a century?
Under the previous rules, the Treasury generally could reopen an issue only if the price of the issue had not fallen by more than a de minimus amount.