What is the role of ‘Primary Markets’ in the financial system of a country? Discuss the role played by different primary market Facilitators.  

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The primary market, also known as the new issue market or IPO market (Initial Public Offering), plays a crucial role in the financial system of a country. It is the platform where new securities, such as stocks, bonds, and other financial instruments, are issued and sold for the first time to investors. The primary market facilitates the transfer of funds from savers to companies or governments seeking capital for their expansion and development. Let's discuss the role of the primary market in the financial system and the different primary market facilitators:

Role of Primary Markets in the Financial System:

1. Capital Formation: The primary market is instrumental in raising capital for companies and governments to finance their projects, operations, and expansion. It provides an avenue for issuers to raise funds directly from investors by selling new _____________ ___________ __ _______ ________ _____________ ________ ________.
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Degree : MASTER DEGREE PROGRAMMES
Course Name : Master in Business Administration
Course Code : MBA
Subject Name : Bank Financial Management
Subject Code : MMPB 1
Year : 2023