Definition of when-issued in English:


Line breaks: when-issued


Finance , chiefly US
Relating to trading in securities which have not yet been issued.
More example sentences
  • Alternatively, the agency could let exchanges set prices by trading new-company shares before an IPO in a so-called ‘when-issued’ market.
  • All when-issued transactions are on a conditional basis until the security is delivered and bought.
  • We also find evidence of temporary price pressures on the date of execution of the spinoff of the subsidiary firms that bear resemblance to the pricing in the when-issued market.

Definition of when-issued in: