New stocks and bonds are sold in what market?

Question

Quizplus · Accepted Answer

New stocks and bonds are sold in the primary securities market, also known as the new issue market, where the issuer directly sells securities to the public for the first time. This is in contrast to the secondary market where securities are bought and sold among investors. The private placement market (A) involves the sale of securities directly to a limited number of sophisticated investors, while the tertiary market (D) is not a commonly used term in financial markets and does not typically refer to the sale of new securities. The open market (E) generally refers to the overall market for securities where they are bought and sold by investors, but it does not specifically refer to the sale of new securities.

New Stocks and Bonds Are Sold in What Market