What is the primary market for bonds?
The primary market is where the Government or a company originally issues the bonds. In many cases, an initial issue is offered through a prospectus and investment statement (called ‘offer documents’). Terms of the sale are set out in the offer documents along with a complete description of the issuer and a range of associated statutory information that is required by law.
The secondary market is where you are purchasing bonds previously issued. This makes up the main market for bonds.
For more information visit our guide on Fixed Interest Securities.
Interested in online share trading? Find out more at ASB Securities.
ASB's online security policy is to take every practical step possible to keep your accounts secure. Like our other services, ...
No, but we recommend you do become one. It's free to join and it may make things easier for you as we can keep you informed about the latest share offers and market news.
CHESS is a computerised share sub-register system operated by the Australian Stock Exchange (ASX), used to manage share ownership and ...
Effective from 1 May 2017 ASB Securities has discontinued offering the option to participate in Foreign Dividend Reinvestment Plans (DRP) ...
That depends on whether or not you are an existing ASB customer and what type of account you would like; ...