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LOA-CFA (also called CFA-LOA) is an abbreviation of two related terms. These terms are: Letter Of Authority and Customer Facility Assignment. An LOA-CFA typically refers to the document issued by a Telecommunications carrier to another carrier giving them permission to use a specified facility assignment for interconnection.
A new issue is a stock or bond that is being sold to investors for the first time. This new issue can be an Initial Public Offering (IPO) of a company or it can be a new issue floated by an organization that has floated many such issues in the past. The market that deals with these new issues is called the primary market, as opposed to the... Read more.