What is a reopening?
A reopening is when we auction additional amounts of a previously issued security. Reopened securities maintain their original maturity date and interest rate, however, the issue date and price are different. You may have to pay a premium and/or accrued interest on a reopened security, but we pay any accrued interest back to you in the first semiannual interest payment.
A reopening is the auctioning of additional amounts of a previously issued security. Reopened securities maintain their original maturity date and interest rate; however, the issue date and price are different. You may have to pay a premium and/or accrued interest on a reopened security, but we pay any accrued interest back to you in the first semiannual interest payment.
A reopening is the auctioning of additional amounts of a previously issued security. Reopened securities maintain their original maturity date and interest rate; however, the issue date, price, and yield are different. You may have to pay a premium and/or accrued interest on a reopened security, but any accrued interest is paid back to you in the first semiannual interest payment.
