Which of the following is considered a primary market instrument?
- Offer through prospectus
- Offer for sale
- Treasury bill
- Call money
- e - IPOs
Answer & explanation
Correct answer: option 4
The correct answer is option 4: 1, 2 and 5
3. Treasury bill → This is a money market instrument, not a primary market method.
4. Call money → Also a money market instrument, not related to primary market issuance.
The following are the instruments of the primary market:
- Offer through prospectus
- Offer for sale
- Private placement
- Right issue
- e - IPOs
The following are the instruments of the money market:
- Treasury bill
- Commercial paper
- Call money
- Certificate of Deposit
- Commercial Bill