发行前交易的中文解释
英文When Issued的缩写,或更精确地说是When,As and If Issued的缩写,英文亦称为free to trade。发行前交易在一批股票或债券正式宣布或获准发行之后即开始,直至该批证券正式发行并交付投资人。发行前交易市场英文称为grey market(灰色市场),在此期间没有应计利息。
W/I的英文解释
A
conditional transaction because the
security involved has been authorized but not yet issued.