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reopen an issue

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Financial Dictionary

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 by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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