Composite issues

An issue of securities by a listed company on a public- cum rights basis offered through a single offer document wherein the allotment for both public and rights component of the issue is proposed to be made simultaneously.

Related Terms

Distribution Period

The period over which the income of a unit trust or mutual fund is accumulated before its distribution to investors.

Swap buyback

The sale of an interest rate swap by one counterparty to the other, effectively ending the swap.

Delivery Order

An output given to each member of the Stock Exchange at the end of a settlement period containing particulars such as number of shares, value of shares, names of the receiving members etc. to enable him to deliver such shares in time.