what is meant by primary market
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The primary market refers to the market where securities are created and first issued, while the secondary market is one in which they are traded afterward among investors. Take, for example, U.S. Treasuries—the bonds, bills, and notes issued by the U.S. government.
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Primary market is the source of new securities often on a exchange it's where companies, governments,and other groups to obtain financing through debt-based securities
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