NISM PMS Distributors ( NISM 21A ) Certification Exam Notes

Page 37 Of 122

Go to:

  • Valuation Agencies: Provide standardized bond valuations for PMS.
  • Credit Rating Symbols: AAA to D for long-term, A1 to D for short-term instruments.
  • Bond Market Classification: Based on credit ratings and issuer type.
  • Fixed Income Role: Provides stability and income in portfolios.
  • Government Bonds: Backed by sovereign guarantees, lowest risk.

NISM PMS Distributors ( NISM 21A )

Copyright 2025 - MODELEXAM MODELEXAM®