An undersubscribed issue occurs when sales agents have been unable to generate sufficient interest among their customers to sell all the securities by the issue date.

Name: An undersubscribed issue occurs when sales agents have been unable to generate sufficient interest among their customers to sell all the securities by the issue date.
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

An undersubscribed issue refers to a situation where there is a lack of demand for the securities being offered, resulting in unsold securities by the issue date.

An Undersubscribed Issue Occurs When Sales Agents Have Been Unable