Offer date

The offer date is the date on which a new issue of securities, such as bonds or stocks, is made available for purchase by investors. This date is when the issuer officially announces the terms of the offering, including the price, quantity, and other relevant details, to potential investors.

The offer date is crucial because it determines the initial yield and terms of the bond. Keep in mind that the offer date is distinct from the bond’s maturity date, which represents the end of the bond’s term when the principal is repaid to investors.