tranchetten.
/trɒnˈʃɛt//trɑːnˈʃɛt/ Economics.
A small tranche; esp. a limited issue of government stocks. Cf. taplet n.
ΘΚΠ
society > trade and finance > stocks and shares > stocks, shares, or bonds > [noun] > block of > small
tranchette1982
stub1984
stub equity1987
1982 Financial Times 20 May 21/7 The Bank [of England] man made frequent and puzzling references throughout the conversation to ‘tranchettes’. It was only towards the end of the dissertation that the dealer realised that the official was talking about the Bank's newly-issued ‘tap’ stock portions.
1982 Daily Tel. 22 July 19/4 The authorities hedged their bets..in the face of the setback in the gilt edged prices and rushed out two new ‘tranchettes’ of existing government stocks.
1985 Times 24 Jan. 17/3 There is a good chance of new..tranchettes being announced as other taps virtually have dried up.
1988 Institutional Investor May 217/3 Some ideas to get liquidity back to center stage include issuing bonds in ‘tranchettes’ fully fungible in the initial bond.
This entry has not yet been fully updated (first published 1993; most recently modified version published online June 2018).
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n.1982