Important Points for IC 99 - Asset Management Exam
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Zero coupon bonds are always sold at a discount.
A commercial paper will be categorised under the money market category.
Dematerialisation also called as demat is the process by which an investor can get physical certificates converted into electronic form maintained in an account with the Depository Participant.
Depository : The organisation responsible to maintain investors securities in the electronic form is called the depository.
Depository Participant : The market intermediary through whom the depository services can be availed by the investors is called a Depository Participant (DP).