reopen an issue

reopen an issue definition - finance
When the Treasury Department wants to sell additional securities in an existing debt issue, it will reopen it instead of offering a new issue. This is done to increase liquidity in the existing issue.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.