on the run

(redirected from On-the-Run Issue)
Also found in: Financial.

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.
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.