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Financial Markets - Coggle Diagram

- - - - new shares and bonds are issued to the public for the first time to raise funds on these markets
      - An IPO takes place on the primary market
      - An IPO is underwritten by one or more investment banks who also arrange for the shares to be listed on one or more stock markets
    - - Existing securities, shares, stock and loan stock are traded after the company has sold all the stocks and bonds offered on the primary market
  - - - Short term debt instruments issued and backed by governnemtn
      - Essentially money let to the government and hence considered safe
      - Maturity of less than 1 year with no interest payable
      - Sold at a discount to their face value but pay the full face value at maturity
    - - An unsecured, short term debt instrument issued and backed by an issuing bank or company
      - It is essentially money lent to the issuing company or bank
      - Sold at discount but pay the full face amount on the maturity date of no more than 270 days from the date it was issued