{"id":9011,"date":"2024-12-17T10:39:59","date_gmt":"2024-12-17T10:39:59","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=9011"},"modified":"2026-02-24T08:38:40","modified_gmt":"2026-02-24T08:38:40","slug":"what-is-a-primary-market","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/","title":{"rendered":"What is a Primary Market?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The primary market is where organisations issue new securities to the general public. It is also referred to as the new issue market, and the entire process is called an Initial Public Offering in the case of equity. But it involves issuing debentures or bonds in debt instruments through a bond IPO. Strict regulations govern the primary market, and the companies offering these securities first file their statements with the SEBI or the Securities and Exchange Board of India, before conducting any sale. Therefore, let\u2019s find out more about how the primary market works and what it involves in the following sections.<\/span><\/p>\n<p><a href=\"https:\/\/goldenpi.com\/blog\/bond-news\/how-nris-can-invest-in-indian-bonds\/\"><span style=\"font-weight: 400;\">How NRIs Can Invest in Indian Bonds?<\/span><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#Types_of_Primary_Market_Issuance\" >Types of Primary Market Issuance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#Private_Placement\" >Private Placement<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#What_Are_Infrastructure_Bonds\" >What Are Infrastructure Bonds<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#Public_Issue\" >Public Issue<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#Qualified_Institutional_Placement\" >Qualified Institutional Placement<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#Preferential_Issue\" >Preferential Issue<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#Rights_and_Bonus_Issues\" >Rights and Bonus Issues<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#Functions_of_the_Primary_Market\" >Functions of the Primary Market<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#Investor_Participation\" >Investor Participation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#Capital_Formation\" >Capital Formation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#Facilitates_Economic_Growth\" >Facilitates Economic Growth<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#Price_Discovery\" >Price Discovery<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#Investment_Strategies_in_the_Bond_Market\" >Investment Strategies in the Bond Market<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#Wrapping_Up\" >Wrapping Up!<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#What_are_tax-free_bonds\" >What are tax-free bonds?\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#FAQs_About_What_is_a_Primary_Market\" >FAQs About What is a Primary Market<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#1_How_is_the_primary_market_different_from_the_secondary_market\" >1. How is the primary market different from the secondary market?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#2_What_is_the_primary_markets_purpose\" >2. What is the primary market\u2019s purpose?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#3_What_affects_the_performance_of_newly_issued_securities_in_the_primary_market\" >3. What affects the performance of newly issued securities in the primary market?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#4What_is_the_primary_market\" >4.What is the primary market?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-is-a-primary-market\/#5What_is_the_primary_purpose_of_the_primary_market\" >5.What is the primary purpose of the primary market?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Types_of_Primary_Market_Issuance\"><\/span><b>Types of Primary Market Issuance<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">An investor can purchase securities from the following kinds of primary market issuances:<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Private_Placement\"><\/span><b>Private Placement<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">A private placement is where an organisation offers its securities to a small group of investors. These securities can be stocks, <\/span><a href=\"https:\/\/goldenpi.com\/investment-options\/list-view\"><span style=\"font-weight: 400;\">bonds<\/span><\/a><span style=\"font-weight: 400;\">, or something else, and the investors can be both institutions and individuals. Private placements have fewer regulatory stipulations, so they are easier to issue. It further allows the company to be private while putting in less time and reducing costs.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Infrastructure_Bonds\"><\/span><a href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-are-infrastructure-bonds\/\"><span style=\"font-weight: 400;\">What Are Infrastructure Bonds<\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Public_Issue\"><\/span><b>Public Issue<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">One of the most common methods for issuing securities to the public is through public issues. The securities are listed for trading on the stock exchanges. A private company transitions into a publicly traded organisation when its shares are offered to the public. It allows the company to get the funds needed to improve its infrastructure, expand its business, repay debts, and meet other goals.\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/how-to-build-a-monthly-pension-using-bonds\/\"><span style=\"font-weight: 400;\">How to Build a Monthly Pension Using Bonds<\/span><\/a><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Qualified_Institutional_Placement\"><\/span><b>Qualified Institutional Placement<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Another kind of private placement is a qualified institutional placement. Here, a listed organisation issues its securities in the form of equity shares or wholly or partly convertible debentures. These can be bought by qualified institutional buyers who have the needed expertise and knowledge to invest in the capital market.\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/how-can-one-diversify-their-portfolio-with-nbfc-bonds\/\"><span style=\"font-weight: 400;\">How Can One Diversify Their Portfolio With NBFC Bonds?<\/span><\/a><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Preferential_Issue\"><\/span><b>Preferential Issue<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">One of the quickest ways of raising capital for an organisation is through a preferential issue. Both unlisted and listed organisations can issue <\/span><a href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-are-convertible-bonds\/\"><span style=\"font-weight: 400;\">convertible<\/span><\/a><span style=\"font-weight: 400;\"> securities or shares to a certain group of investors. At the same time, the preferential issue is not a rights issue or a public issue. The people who have preferred shares can get the dividend before the ordinary shareholders are paid.\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/what-are-the-tax-implications-of-investing-nbfc-bonds\/\"><span style=\"font-weight: 400;\">What are the Tax Implications of Investing in NBFC Bonds?<\/span><\/a><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Rights_and_Bonus_Issues\"><\/span><b>Rights and Bonus Issues<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">A company issues securities to its existing investors at a predetermined price in this kind of primary market issuance. They are also allowed to take advantage of further free shares in case of a bonus issue. <\/span><a href=\"https:\/\/en.wikipedia.org\/wiki\/Investor\"><span style=\"font-weight: 400;\">Investors<\/span><\/a><span style=\"font-weight: 400;\"> can purchase stocks even at a discounted price for rights issues within a specific time. The rights issue increases the existing shareholders\u2019 control over the company, and there are zero costs involved in the share issuance. However, a company can give away stocks as a gift to its shareholders for a bonus issue.\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/goldenpi.com\/blog\/bond-news\/what-are-the-interest-rates-offered-by-nbfc-bonds\/\"><span style=\"font-weight: 400;\">What are the Interest Rates Offered By NBFC Bonds?<\/span><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Functions_of_the_Primary_Market\"><\/span><b>Functions of the Primary Market<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The primary market has the following functions:<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Investor_Participation\"><\/span><b>Investor Participation<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The primary market is great for institutional investors and individuals to become stakeholders in any organisation or even be creditors to government institutions. It leads to an inclusive financial market and broadens the investor base.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Capital_Formation\"><\/span><b>Capital Formation<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The primary market\u2019s main function is to help government entities and companies raise capital. The capital is used for numerous purposes and meets the operational needs.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Facilitates_Economic_Growth\"><\/span><b>Facilitates Economic Growth<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The primary market contributes to boosting the economy by allowing companies to get the necessary funds for development and expansion. It motivates innovation, job creation and entrepreneurial spirit.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Price_Discovery\"><\/span><b>Price Discovery<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The primary market\u2019s initial sale of securities assists in understanding their fair market value. Factors like industrial trends influence the price structure, the company\u2019s financial health, and market conditions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The primary market is also known as the new issue market. Objectives of primary market include capital mobilisation for businesses and governments.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Investment_Strategies_in_the_Bond_Market\"><\/span><a href=\"https:\/\/goldenpi.com\/blog\/essentials\/investment-strategies-in-the-bond-market\/?utm_source=blog&amp;utm_medium=blog&amp;utm_Green_Bonds\"><span style=\"font-weight: 400;\">Investment Strategies in the Bond Market<\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h2><span class=\"ez-toc-section\" id=\"Wrapping_Up\"><\/span><b>Wrapping Up!<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Investing through the primary market has several benefits, including transparent pricing, capital infusion, profit potential, etc. At the same time, one can make the most out of the primary market when one understands every side of the coin. It has benefits, but it also has market risks and a lack of liquidity. And it also tends to show volatile performance initially. So, the primary market is the best for experienced investors who can balance both the positive and the negative.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_tax-free_bonds\"><\/span><a href=\"https:\/\/goldenpi.com\/blog\/essentials\/what-are-tax-free-bonds\/?utm_source=blog&amp;utm_medium=blog&amp;utm_Green_Bonds\"><span style=\"font-weight: 400;\">What are tax-free bonds?<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_About_What_is_a_Primary_Market\"><\/span><b>FAQs About What is a Primary Market<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_How_is_the_primary_market_different_from_the_secondary_market\"><\/span><b>1. How is the primary market different from the secondary market?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The primary market is about allocating new securities to investors. The secondary market is a trading place for previously issued securities. They have different purposes and transactions as well.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_What_is_the_primary_markets_purpose\"><\/span><b>2. What is the primary market\u2019s purpose?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The primary market is a place where government entities, companies and investors come together to trade new securities. It\u2019s where new securities are launched, and investors can purchase them directly from the issuer.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_What_affects_the_performance_of_newly_issued_securities_in_the_primary_market\"><\/span><b>3. What affects the performance of newly issued securities in the primary market?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The primary market is prone to being affected by several economic factors, including geopolitical events and industry-specific challenges. These then affect the securities\u2019 performance and profitability.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"4What_is_the_primary_market\"><\/span><strong>4.What is the primary market?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The primary market is where new securities, such as shares or bonds, are issued to investors for the first time via IPOs (Initial Public Offers). Once issued, such securities can be traded in the secondary market at the prevailing prices.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"5What_is_the_primary_purpose_of_the_primary_market\"><\/span><strong>5.What is the primary purpose of the primary market?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The primary purpose of the primary market is to allow companies and governments to raise fresh money directly from investors. This capital can be used for business expansion, new projects, debt repayment, or to meet other financial objectives.<\/span><br \/>\n<script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [\n    {\n      \"@type\": \"Question\",\n      \"name\": \"How is the primary market different from the secondary market?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"The primary market is used for allocating new securities to investors for the first time. In contrast, the secondary market is a platform where previously issued securities are traded among investors. Both markets serve different purposes and involve different types of transactions.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What is the primary market\u2019s purpose?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"The primary market serves as a platform where governments, companies, and investors come together to issue and buy new securities. It is where new securities are launched and purchased directly from the issuer.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What affects the performance of newly issued securities in the primary market?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"The performance of newly issued securities in the primary market can be influenced by various economic factors, including geopolitical events, overall market conditions, and industry-specific challenges. These factors can impact the profitability and demand for the securities.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What is the primary market?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"The primary market is where new securities such as shares or bonds are issued to investors for the first time, usually through mechanisms like Initial Public Offers (IPOs). After issuance, these securities can be traded in the secondary market.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What is the primary purpose of the primary market?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"The main purpose of the primary market is to help companies and governments raise fresh capital directly from investors. This money can be used for business expansion, new projects, debt repayment, or other financial needs.\"\n      }\n    }\n  ]\n}\n<\/script><\/p>\n<p>&nbsp;<\/p>\n<p>Latest Updated: 23-02-2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The primary market is where organisations issue new securities to the general public. It is also referred to as the new issue&hellip;<\/p>\n","protected":false},"author":8,"featured_media":9179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[46],"class_list":["post-9011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bond-market","tag-primary-market"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is a Primary Market?<\/title>\n<meta name=\"description\" content=\"The primary market is where organisations issue new securities to the general public. 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