A primary market is that segment of the financial markets where the instruments that are traded have original maturities equal to one year or less.

Question

Quizplus · Accepted Answer

A primary market is actually that segment of the financial markets where new securities are issued and sold for the first time to investors, regardless of their original maturities. It is different from the secondary market where already issued securities are traded between investors.

A Primary Market Is That Segment of the Financial Markets