Own issue

Securities are placed with investors directly by the issuer, i.e. without the intervention of an issuing house. This assumes that the issuer has adequate placing power, i.e. that it can personally reach the desired number of investors. The advantage of a self-issuance lies in the low costs, because the – not small! – The advantage of a self-issuance lies in the low costs, because there are no fees – which are not small – for the issuing bank or the issuing syndicate. – See issue price, issue, subscription price, bookbuilding, bought deal, continuous issue, issue yield, end investor.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/