These provide a forum in which demanders of funds raise funds by issuing new financial instruments, such as stocks and bonds.

Question

Quizplus · Accepted Answer

Primary markets are where new financial instruments, such as stocks and bonds, are issued and sold to raise funds. Investment banks may assist in the process, but they are not the primary market themselves. Money markets and secondary markets deal with already existing securities, not new issuances.

These Provide a Forum in Which Demanders of Funds Raise