reopen an issue investment & finance definition
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.
See reopen an issue in Wall Street Words
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.