Municipal Securities: Overview of Market Structure, Pricing, and Regulation |
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Author:
| Government Accountability Office, |
ISBN: | 978-1-4922-9767-3 |
Publication Date: | Sep 2013 |
Publisher: | CreateSpace Independent Publishing Platform
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Book Format: | Paperback |
List Price: | USD $15.99 |
Book Description:
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The municipal securities market comprises both primary and secondary markets. In the primary market, underwriters buy new securities from municipal issuers (e.g., local government entities) and subsequently sell them to investors during the primary offering.
The municipal securities market comprises both primary and secondary markets. In the primary market, underwriters buy new securities from municipal issuers (e.g., local government entities) and subsequently sell them to investors during the primary offering.