全数包销的中文解释
承销商(underwriter)或牵头承销商(lead manager)承诺将拟发行的证券全数买下来,再转售二级市场。全数包销令发行人得以将无法按发行价卖出整批证券的风险转移到承销商身上。
Bought Deal的英文解释
Commitment from an underwriter or lead
manager to purchase all of the issue of bonds or shares for resale to the
secondary market. This method transfers the risk of being
unable to sell a whole issue at the
offering price from the issuer to the underwriter.