Features of primary markets are:

题目

Features of primary markets are:
This is the market for new long term equity capital.The primary market is the market where the securities are sold for the first time.Therefore it is also called the new issue market (NIM).
In a primary issue,the securities are issued by the company directly to investors.
The company receives the money and issues new security certificates to the investors.
Primary issues are used by companies for the purpose of setting up new business or for expanding or modernizing the existing business.
The primary market performs the crucial function of facilitating capital formation in the economy.
The new issue market does not include certain other sources of new long term external finance,such as loans from financial institutions.Borrowers in the new issue market may be raising capital for converting private capital into public capital; this is known as "going public."
The financial assets sold can only be redeemed by the original hold

答案

初级市场的特点是：
这是新的长期股权资本市场.主要市场是在证券的首次销售市场.因此它也被称为新发行市场（计量科学研究院）.
在一个首要问题,在证券发行由该公司直接向投资者.
该公司收到的钱和问题的新的安全证书的投资者.
主要问题是使用了设立新企业或扩大现有的或现代化的商业目的的公司.
执行的主要市场在促进资本在经济形成的关键作用.
新发行债券市场并不包括新的长短期外部资金来源,如某些其他金融机构贷款.在新发行市场借款人可能会筹集私人资本转化为公共资本化,这是“上市”之称.
金融资产出售,只能按原来的持有人赎回.