Showing posts with label Bond immunization. Show all posts
Showing posts with label Bond immunization. Show all posts

Friday, 8 September 2017

Security Analysis and Portfolio Management (SAPM).

 What is an IPO?
The IPO which it is as shares to the general public (initial public offering is the first issuance of a company's).It is called as primary market. The IPO shares which they are allowed in the stock market where they can be bought and sold. It is called secondary market. In other words, The IPO which it  is defined as an exercise the unlisted company makes either a fresh issue of securities or an offer for sale of its existing securities or both for the first time to the public. The shares which is allocated to the public is which do not constitute 100% by company's shares. some of the percentage is given to the public. Eventhough the company owner or the board of directors which they hold the majority of the shares.