Primary market

1.

A market for financial assets when those assets are first offered for sale.

For example, on the flotation of a company or the issue of a bond.

2.

In relation to loans, the market in which the borrowers and the original lenders deal with one another.

See also

• Capital market
• Float
• Flotation
• Initial public offering
• Proprietary trading
• Secondary market
• Shallow discount bond