Question

An important financial instituitiion that assists in the intial sale of securities in primary market is called

Answer 1

Answer:

Investment Bank

Explanation:

An Important Financial Institution That Assists In The Initial Sale Of Securities In The Primary Market Is The: (Points : 3) Investment Bank Commercial Bank Money Market Mutual Stock Exchange

Answer 2

An important financial institution that assists in the initial sale of securities in the primary market is called an investment bank.

• An institution that acts as a middleman between the company issuing securities and the investors who buy them is known as an investment banker.
• The bond issuer does not engage in direct bond sales. Before the bonds are actually issued, investment bankers frequently start helping the company or government body.
• New stocks and bonds are initially offered for sale to the general public on the primary market. Investors can buy securities directly from an issuer in a primary market.
• An IPO, a private placement, a rights issue, and a preferred allotment are examples of primary market issues.