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

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  • Capital gains/loss: Arise when debt securities are sold above or below their purchase price.
  • Benchmark rate: Used in floating rate bonds to reset interest rates periodically.
  • Structured obligations: Indian term for asset-backed securities like mortgage-backed bonds.
  • Plain vanilla bonds: Standard fixed-rate bonds with regular interest and principal repayment.
  • Default risk: Influences the coupon rate, with higher risk leading to higher rates.

NISM RTA Corporate

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