If you are buying a bond that is newly issued by the corporation,you are buying it in the primary market.

Question

Quizplus · Accepted Answer

When a corporation issues a bond for the first time, it does so in the primary market. This is where the initial sale or issuance of securities takes place. Investors who purchase these newly issued bonds are buying them in the primary market. Once the bond is sold in the primary market, it can then be traded in the secondary market.

If You Are Buying a Bond That Is Newly Issued