The primary market is the market where government securities are first issued and sold, typically by means of some form of tender or auction process. A well-functioning primary market is crucial to develop reliable distribution channels. Responsibility for establishing a primary market rests with the national government and the choice of primary market procedures is a dynamic process that depends on each country's initial conditions and on subsequent developments. Policy topics include:
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The aim of our Discussion Forum is to promote dialogue on specific topics proposed by the Secretariat and by Partners.
