It is a stock a company is issuing to investors with a discount. It can’t be accessed with a different purchase price and face value. Rule 136 of the Securities Act of 1933 says that the issuing company can sell again the stock if the holder did not pay the assessment.
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|07:00||Economy Watchers Survey||Nov|
|08:30||BOE Deputy Governor for Financial Stability Jon Cunliffe Speaks|
|08:30||BOC Deputy Governor Timothy Lane Speaks|