Important Points for IC 99 - Asset Management Exam

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  • Treasury bills are an example of money market instruments.
  • When interest rates rise, bond prices decline.
  • The State Governments sell (issue) medium to long-term bonds through the Reserve Bank of India.
  • A straight bond pays annual coupon over its life and returns the principal on the maturity date.
  • The longer the time to a bonds maturity, the greater is its interest rate risk.

Asset Management Exam

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