What is the role of the ‘Primary Market’

March 31, 2008


The primary market provides the channel for sale of new securities. Primary market provides opportunity to issuers of securities; Government as well as corporates, to raise resources to meet their requirements of investment and/or discharge some obligation. They may issue the securities at face value, or at a discount/premium and
these securities may take a variety of forms such as equity, debt etc. They may issue the securities in domestic market and/or international market.

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