re-offer price

Definition

The price an underwriter resells a bond which they have purchased from the issuer. The re-offer price offered to the public is generally higher than the price at which the underwriter purchased the bond, i.e. usually above the premium or face value.

Use re-offer price in a sentence

The re-offer price was much better and I wanted to work with that instead of what they wanted before it.

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You may want to try and make a re-offer price if you think that you can make some more profit by doing so.

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The re-offer price was considerably higher than we had preferred but we could reasonably expect the increased price of the security.

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REO reopening