Investment Banking

Pot

September 1, 2021
Finance

Planned Amortization Class Bond

September 1, 2021

Share

The portion of securities from a new public offering issue that are returned to the lead underwriter by syndicate members (participating investment bankers) in order to facilitate sales to institutional investors (banks, hedge funds, mutual funds, financial firms, etc).

Institutions buying from the pot designate the companies to be credited with “pot securities”.

Leave a Reply