NISM PMS Distributors ( NISM 21A ) Certification Exam Notes
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Coupon Payments: Fixed interest payments based on bond face value.
Zero Coupon Bonds: Issued at a discount, pay face value at maturity.
Bond Indenture: Legal agreement detailing bond terms between issuer and investor.
Bonds with Options: Include callable or putable bonds, impacting returns.
Callable Bonds: Allow issuers to redeem bonds before maturity.
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