1

Does the CUSIP on a bond change every change? A relative of mine, who lives in the US, has a trade confirmation showing that she bought a municipal bond. The bond was called recently and that trade confirmation shows a different CUSIP. I am wondering if the CUSIP changed or maybe she has the wrong trade confirmation.

Bob

Improve this question
1
  • Can you tell us what CUSIP/bond you are talking about? It might also be best to call the sender of the confirmation and ask them directly.
    – 0xFEE1DEAD
    Sep 11, 2018 at 1:30

2 Answers 2

Reset to default
0

CUSIPs rarely change through the lifecycle of a security, but it can happen due to corporate actions.

Also, note that CUSIPs can get reassigned once an issue no longer exists.

Improve this answer
1

I spoke to the broker about this issue and he says that the CUSIP changes when the bond is called and the bond was called.

Improve this answer

You must log in to answer this question.

Not the answer you're looking for? Browse other questions tagged .