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Benchmark issue
The financial definition for Benchmark issue:
Also called on-the-run or current-coupon issue or bellwether issues. In the secondary market, the benchmark issue is the most recently auctioned Treasury issues for each maturity.
Similar MatchesBenchmarkBenchmark The performance of a predetermined set of securities, used for comparison purposes. Such sets may be based on published indexes or may be customized to suit an investment strategy.
Benchmark errorBenchmark error Use of an inappropriate proxy for the true market portfolio.
Post trade benchmarksPost trade benchmarks Prices after the decision to trade.
Further Suggestions Pre trade benchmarks
World Equity Benchmark Series (WEBS)
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