When issued
Short for "when, as, and if issued." The term indicates a conditional sale of a security; the security has been authorized but not yet issued and paid for.
When Issued - WI
A transaction which is made conditionally because a security has been authorized, but not yet issued.
Whoops ...
When Issued - Refers to a particular stock that has not yet officially been issued to the public but trades in the market as if it did.
"WHEN ISSUED" PERIOD - See: "WHEN, AS AND IF ISSUED."
WHOLESALER - A broker-dealer that assists a primary distributor in establishing distribution channels for an offering of municipal fund securities.
When issued trading:
Trading a bond before the issue date; no interest accrues during this period.
Wholesale Money: ...
When issued (W.I.)
Refers to a transaction made conditionally, because a security, although authorized, has not yet been issued.
If, As & When Issued Trading
Occurs when new securities are posted for trading, and trading takes place before the closing (formal original issuance) of the prospectus. Also known as the "grey market".
fallen angel A bond which was investment-grade when issued but which is now of significantly lower quality. falling knife A stock whose price has been dropping quickly. The implication is that the investor...
Comment: After the Treasury announces that it will auction a specific security (defined by maturity and coupon), but before the auction, the bond may trade in the When Issued Market ().
Treasuries are considered the safest investments, but they should still be analyzed when issued. Basics Of Federal Bond Issues
If you want to protect your portfolio from inflation, all you need are a few TIPS. Treasury Inflation Protected Securities ...
In that situation, the stock is said to be trading "when issued," which is shorthand for "when, as, and if issued." The ticker symbol of stock that is trading "when issued" will end with a "V".
Z shares, when issued as a benefit of employment, can function as an effective way to help the employee prepare for retirement.
Paid-up Capital - Paid-up Capital is the amount in the currency paid by a subscriber or subscribers in payment of a bank stock or stocks when issued. Bank stock is unsubscribed at less than par and the payment is in cash currency.
A financial instrument involving a forward purchase contract that obligates investors to buy bonds at a certain rate when issued. The future date coincides with the first optional call date on an existing high-rate bond.
Par value: The dollar value of a share of stock, when issued; used primarily for record-keeping purposes.
Portfolio: The combined holdings of a variety of assets, including stocks, bonds, annuities or other investment tools.
A corporate bond which when issued was investment-grade rated by credit rating agencies such as Standard & Poor's or Moody's but is now downgraded due to a deteriorated financial situation.
federal funds rate ...
Just because the services rated a bond at one level when issued doesn't mean it can't lower the rating if some adverse condition arises.
Conclusions
What conclusions can we draw about the potential for default?
All "when issued" transactions are on an "if" basis, to be settled if and when the actual security is issued. wire house ...
Current Maturity - The number of years until a bond matures, regardless of its original maturity when issued.
Current Yield - A bond's coupon payment divided by its market price.
Some corporations contain provisions in their charters authorizing the issuance of preferred stock whose terms and conditions may be determined by the board of directors when issued.
Admission to trading on the Exchange's markets for listed securities and ‘admitted' and ‘traded' shall be construed accordingly. For the avoidance of doubt this does not include ‘when issued dealings'.
Advisory broker ...
 See also: Issue, Market, Investment, Bonds, Securities
  
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