NISM Series 12 Securities Markets Foundation Certification Exam Notes

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  • Types of Issuers: Companies, governments, financial institutions, and mutual funds issue securities.
  • Corporate Issuers: Companies issue equity or debt for operational and expansion needs.
  • Government Issuers: Governments issue debt securities to finance deficits.
  • Financial Institutions: Banks and institutions issue securities beyond traditional funding sources.
  • Mutual Fund Issuers: Mutual funds issue units to pool investor money for investments.

NISM 12 Securities Markets Foundation

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