An issue discount is a discount on the fair price offered with the placement of securities on the market. It is reflected in the almost immediate rise of the security price following the placement. Issue discounts are large for IPOs and nil for bonds.
Issue discount((See Chapter 30 of the Vernimmen))
An issue discount is a discount on the fair price offered with the placement of securities on the market. It is reflected in the almost immediate rise of the security price following the placement. Issue discounts are large for IPOs and nil for bonds.
An issue discount is a discount on the fair price offered with the placement of securities on the market. It is reflected in the almost immediate rise of the security price following the placement. Issue discounts are large for IPOs and nil for bonds.