NISM Series VI: DOCE Exam Notes

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  • For any buying or selling of demat debt instruments, the procedures involved for delivery or receipt of debt instrument is the same as that involved for equity shares.
  • Government security means a security created and issued by the Central Government or a State Government for the purpose of raising a public loan
  • Dated Securities have a maturity period of more than one year, 3. Treasury Bills have a maturity period of up to one year
  • Issue management, settlement of trade, distribution of interest and redemption - are handled by the Reserve Bank of India through its Public Debt Office (PDO)
  • G-Sec can be held in Physical form or SGL (Subsidary General Ledger) form. SGL form is similar to Demat A/c. SGL-1 A/c : Opened directly with RBI by Primary Dealers, FI, FPI etc. . SGL-2 A/c : A/c for BO of G-Sec. Opened with SGL-1 A/c holders.

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