Abstract
Savings and investments between suppliers and users of capital are channeled by the capital markets from retail and institutional investors to businesses, government, individuals, and others. Capital markets are vital to the functioning of an economy since capital is a critical component for generating economic output. Capital markets include the primary markets that sell new stock and bond issues to investors as well as the secondary markets for the trading of existing securities.
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Gebhardt, C., Strecker, J. (2017). Primary Market: Bringing Products to the Market. In: Francioni, R., Schwartz, R. (eds) Equity Markets in Transition. Springer, Cham. https://doi.org/10.1007/978-3-319-45848-9_3
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DOI: https://doi.org/10.1007/978-3-319-45848-9_3
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Publisher Name: Springer, Cham
Print ISBN: 978-3-319-45846-5
Online ISBN: 978-3-319-45848-9
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