NISM Series II A : Registrars to an Issue and Share Transfer Agents - Corporate Exam Notes

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  • Debt security: A contract between issuer and lender for borrowing at predetermined terms.
  • Bond vs. debenture: Bonds are issued by government/public sector; debentures by private companies.
  • Principal: The amount borrowed, represented by the face value of the debt security.
  • Coupon rate: Interest rate paid on the face value, specified at issuance.
  • Maturity date: Date when the principal is repaid to the debt security holder.

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