on the run

(redirected from On-the-Run Issue)
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on the run

[′ȯnthə ′rən]
(mining engineering)
Manner of working a seam of coal when there is sufficient inclination to cause the coal, as worked toward the rise, to fall by gravity to the gangways for loading into cars.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Upon completion of the auction, the most recently issued bill, note, or bond becomes on-the-run and the previous on-the-run issue goes off-the-run.
The most recently issued ten-year Treasury security is referred to as the on-the-run issue. Once the Treasury issues another (newer) ten-year note, the previously issued note is referred to as the old ten-year note.
The specialness typically peaks around the announcement of the next auction, after which it declines as short positions begin to shift to the next on-the-run issue.(29) In addition to this regular pattern, other factors influence the specialness of these securities.