What is the role of the ‘Primary Market’?The primary market provides the channel for sale of new securities. Primarymarket provides opportunity to issuers of securities; Government as well ascorporates, to raise resources to meet their requirements of investmentand/or discharge some obligation.They may issue the securities at face value, or at a discount/premium andthese securities may take a variety of forms such as equity, debt etc. Theymay issue the securities in domestic market and/or international market.
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