> ## Documentation Index
> Fetch the complete documentation index at: https://docs.lerian.studio/llms.txt
> Use this file to discover all available pages before exploring further.

# Issue and place fixed income

> How an instrument is registered, issued and placed with investors in B3.

An authorized institution issues an instrument and an investor acquires it.

<Note>
  This journey is in construction. The page shows where it sits in the tab; the diagram and steps come in a later update.
</Note>


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