Tap Issue

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Dictionary Says

Definition of 'Tap Issue'

A procedure that allows borrowers to sell bonds or other short-term debt instruments from past issues. The bonds are issued at their original face value, maturity and coupon rate, but sold at the current market price.
Investopedia Says

Investopedia explains 'Tap Issue'

This method of issuing additional debt was adopted by the British and French governments. Tap issues allow an organization to avoid certain transaction or legal costs and expedite fund raising. The issuer bypasses many of the initial formalities surrounding a bond issue, such as the prospectus, and proceeds to auction off the new securities. Issuing on tap is often suited for smaller fund-raising attempts, where the cost of a new issue is too high when compared to the amount borrowed.

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'Tap Issue'

  • Preparing To Tap Into Retirement Income

    http://www.investopedia.com/articles/retirement/05/TappingIncome.asp
    ... that will make retirement possible, few give much thought to how they will tap into
    their investments once retirement arrives. It's an issue worth considering ...

  • Tap Into Profits With Water Investments

    http://stocks.investopedia.com/stock-analysis/2010/Tap-Into-Profits-With-Water-Investments-MWA-TMO-CWCO-WTS0413.aspx
    ... Tap Into Profits With Water Investments. ... and can capitalize on the improving quality
    of life in emerging economies will be more insulated from this issue. ...

  • Smucker Quarter Shows Two Sides Of Prices

    http://stocks.investopedia.com/stock-analysis/2011/Smucker-Quarter-Shows-Two-Sides-Of-Prices-SJM-DF-SLE-KFT-KO0823.aspx
    ... or how much the weary consumer can bear, continues as a large issue for food ... grain
    users such as General Mills (NYSE:GIS) and Molson Coors (NYSE:TAP) have thus ...

  • Yet Another Disappointment From Central European Distribution

    http://stocks.investopedia.com/stock-analysis/2011/Yet-Another-Disappointment-From-Central-European-Distribution-CEDC-DEO-BF-B-BEAM-STZ-TAP-USB-BRK-A1108.aspx
    ... the US wine market, and brewers like Molson Coors Brewing (NYSE:TAP) have had ... While
    antitrust matters could be an issue, it is not unreasonable for investors ...

  • Beer: The New Liquid Gold

    http://stocks.investopedia.com/stock-analysis/2010/Beer-The-New-Liquid-Gold-BUD-SAM-CCU-ABV-TAP0727.aspx
    ... The P/E ratio is even more attractive for TAP in 2011, 12.4 times, however ... The one
    issue is the high valuation compared to its larger competitors; SAM has aP/E ...

  • Further Signs Of Credit Recovery

    http://stocks.investopedia.com/stock-analysis/2009/Further-Signs-Of-Credit-Recovery-URI-MCO-BZH-LMT-RTN1117.aspx
    ... was able to issue the debt around the same time that Moody's (NYSE:MCO) downgraded
    the company to a B3 rating. Beazer Homes (NYSE:BZH) is planning to tap the ...

  • Find Security In Covered Bonds

    http://www.investopedia.com/articles/bonds/09/covered-bonds.asp
    ... months later, Bank of America issued the first dollar-denominated issue valued at ...
    based bonds with high quality American mortgages in order to tap the dollar ...

  • Spice Up A Bond Portfolio By Going Global

    http://stocks.investopedia.com/stock-analysis/2011/Spice-Up-A-Bond-Portfolio-By-Going-Global-AGG-BND-BWX-PCY-ELD-DSUM-WIP0929.aspx
    ... US firms, strong international companies like Siemens (NYSE:SI) issue debt for ... Capital
    International Corp Bond (Nasdaq:IBND) allow investors to tap into this ...

  • Mergers and Acquisitions: Break Ups | Investopedia

    http://www.investopedia.com/university/mergers/mergers4.asp
    ... substantially smaller than their parents, possibly making it harder to tap credit
    markets ... in the subsidiary are sold to the public, but the issue also unlocks ...

  • 8 Toughest Retirement Decisions - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0711/8-Toughest-Retirement-Decisions.aspx
    ... tire of keeping up their current residences or may need to tap into the ... How to Manage
    Your Investment Portfolio This issue alone can play a substantial role in ...

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