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When Issued - WI definition explanation



What is When Issued - WI?
A transaction which is made conditionally because a security has been authorized, but not yet issued. Read more for examples and further explanation including related video clips and also comments

Example explains When Issued - WI
Treasury securities, splits, and new issues are all traded on a when-issued basis. The term is actually short for “”when, as, and if issued.”"

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