NISM 10A Investment Adviser Level 1 Notes

Page 78 Of 181

Go to:

  • Day Count Convention: Standardizes interest calculations, e.g., 30/360 for bonds in India.
  • Bond Market Liquidity: Secondary markets enable trading but vary by bond type.
  • Interest Rate Movements: Inverse relationship with bond prices affects portfolio value.
  • Credit Ratings: Guide bond selection by assessing issuer’s repayment ability.
  • Callable Bonds: Allow issuers to redeem early, affecting investor returns.

NISM 10A NISM Investment Adviser Level 1

MODELEXAM MODELEXAM®