Subscription period
From Free net encyclopedia
Revision as of 00:36, 25 January 2005; view current revision
←Older revision | Newer revision→
←Older revision | Newer revision→
Subscription period is the period of time during which investors can submit purchase orders for a new issue.
When a new security is to be issued, investors typically have two weeks to submit their subscription orders. At the end of the subscription period, the issuer announces the offering price and the method of allotment.