issue price - the price at which shares or bonds are first issued to the public. This may not be the same as the nominal price which is on the face of the securities.
equivalent - equal in some respect, such as in value, effect, importance; that which is equal
A UCITS unit may not be issued unless the equivalent of the net issue price is paid into the assets of the UCITS within the usual time limits. This provision shall not preclude the distribution of bonus units.
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