Which of the Following Is an Example of a Primary

Multiple Choice

Which of the following is an example of a primary market transaction?

A) ANZ bank issues new shares to a large funds manager in a private placement.
B) The ANZ bank sells 10-year government bonds that have 5 years to maturity.
C) Mary sells 1000 Qantas shares through her broker.
D) BHP issues new bonds which will mature in ten years.
E) Both A and D are primary market transactions.