ICMA’s work in the primary markets, in which new debt securities are issued to raise capital, is based on a strong legacy from the International Primary Market Association (IPMA), one of ICMA’s predecessor organisations. See introductory video (2:45 / 2014); Chris O’Malley podcasts Origins of the Eurobond market (26:54 / 2020) and Whatever Happened to Underwriting? (32:01 / 2021); and ICMA staff webinar DCM primary market practices in Asia-Pacific: an ICMA conversation (45:45 / 2021).

In the context of COVID-19, see some materials specific to primary markets on our COVID-19 Market practice webpage.

ICMA Primary Market Handbook
Guidance and recommendations on the processes and documentation required for the issuance of international securities

Other ICMA primary market documentation
Links to informal ICMA primary market documentation that is not included in the ICMA Primary Market Handbook.
Available to ICMA members only.


Primary market committees and other groups

Details of ICMA’s primary market committees and other related groups can be found on the ICMA councils & committees webpage (under the Primary markets heading).


Primary market topics

Primary market training courses and events

Capital market products

Primary market data

Links to primary market data can be found on the Market data webpage, under the Primary markets heading



Contacts: 

Email the primary markets team

Ruari Ewing

Senior Director, Market Practice and Regulatory Policy; secretary to the ICMA Primary Market Practices Committee (PMPC) and related groups.
Direct line: +44 20 7213 0316

Charlotte Bellamy
Senior Director, Market Practice and Regulatory Policy; secretary to the ICMA Legal & Documentation Committee (LDC) and related groups.
Direct line: +44 20 7213 0340

Katie Kelly
Senior Director, Market Practice and Regulatory Policy; Secretary to the ICMA Financial Institution Issuer Forum (FIIF) and to the ICMA Corporate Issuer Forum (CIF).
Direct line: +44 20 7213 0331
 
Nicholas Pfaff
Managing Director, Market Practice and Regulatory Policy; Secretary to the Public Sector Issuer Forum (PSIF)
Direct line: +33 1 70 17 64 72

ICMA Zurich

T: +41 44 363 4222
Dreikönigstrasse 8
8002 Zurich
ICMA London

T: +44 20 7213 0310
110 Cannon Street
London EC4N 6EU
ICMA Paris

T: +33 1 70 17 64 72
62 rue la Boétie
75008 Paris
ICMA Brussels

T: +32 2 801 13 88
Avenue des Arts 56
1000 Brussels
ICMA Hong Kong

T: +852 2531 6592
Unit 3603, Tower 2
Lippo Centre
89 Queensway, Admiralty
Hong Kong
 
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