NISM 21B Portfolio Managers Exam Notes

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  • Immunization: Protects portfolio from rate changes.
  • Bond Pricing: Discounts cash flows to present value.
  • Credit Analysis: Assesses issuer’s debt repayment ability.
  • SEBI Regulations: Ensure bond market transparency.
  • Global Bonds: Subject to currency, geopolitical risks.

NISM 21B Portfolio Managers

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