NISM Series II A : Registrars to an Issue and Share Transfer Agents - Corporate Exam Notes
Page 23 Of 136
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Credit rating: Assesses default risk, influencing the interest rate of debt securities.
Money market instruments: Short-term debt like commercial papers and treasury bills.
Commercial paper: Unsecured, short-term debt issued by corporations for working capital.
Treasury bills: Government-issued short-term securities with maturities up to one year.
Certificate of deposit: Issued by banks, representing a time deposit with fixed interest.
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