NISM Series XIII Common Derivatives Certification Exam Notes

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  • REITs and InvITs: Trusts investing in real estate or infrastructure, distributing dividends.
  • Green Bonds: Fund climate and environmental projects, linked to issuer’s balance sheet.
  • Tax-Free Bonds: Interest exempt under Section 10 of the Income Tax Act, 1961.
  • Tax-Saving Bonds: Offer tax benefits with a lock-in period, interest taxable.
  • Asset Linked Bonds: Returns depend on underlying asset performance.

NISM Common Derivatives

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