Which of the following is NOT an example of primary market transactions?
A) A company issue of shares to raise funds for an investment project
B) A government issue of bonds
C) A mortgage bond
D) A mortgage loan to buy a house

Question

Quizplus · Accepted Answer

A mortgage bond is a form of debt security that represents a claim on a property or a bundle of properties. It is traded on secondary markets and is therefore not an example of a primary market transaction, which is the issuance of new securities by a company or a government. The other choices are examples of primary market transactions.

Which of the Following Is NOT an Example of Primary