What does it mean to describe a bond as being bought and sold in a secondary market?

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What does it mean to describe a bond as being bought and sold in a “secondary market”?

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Money, Banking, and the Financial System

ISBN: 978-0134524061

3rd edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

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Question Posted: Dec 31, 2018 11:41 AM

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What does it mean to describe a bond as being bought and sold in a secondary market?

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Money, Banking, and the Financial System

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