Question

Explain the term issue price in brief

Answer 1

The issue price is the price at which shares are offered for sale when they first become available to the public.
Shares in the company slipped below their issue price on their first day of trading.
Investors earn the difference between the discount issue price and the full face value paid at maturity.
The issue price is the price at which shares are offered for sale when they first become available to the public.

Answer 2

The issue price is the price at which shares are offered for sale when they first become available to the public.

Shares in the company slipped below their issue price on their first day of trading.