# Issuance Issuance means the creation of new money, securities (stocks, bonds, notes, debentures, bills, derivatives) or tokens. In the legacy financial system, issuance is undertaken by banks in the case of money, and other legal balance sheet entities in the case of securities (corporations, trusts, governments). The economic space protocol says that any [Economic agent](/economic-agent.md) can be an issuer, so long as the network trusts the issuance. The key question is: what underwrites the “negotiability” of the issued instruments in a distributed system? In the economic space protocol this question of risk and negotiability is dealt with stake. See Stake. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://glossary.ecsa.io/issuance.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.