Public offering - Uridashi Hakkou

Japanese: 売出発行 - ウリダシハッコウ
Public offering - Uridashi Hakkou
A method of issuing bonds in which the amount issued is not decided in advance, but is determined by the total amount sold during a certain offering period. This method is only permitted for bonds issued by financial institutions and government-related organizations.

Source: About Shogakukan Digital Daijisen Information | Legend

Japanese:
発行額を前もって決めずに、一定の売り出し期間中に売却できた総額を発行額とする債券発行の方法。金融債や政府関係機関が発行する債券にだけ認められている。

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