NISM Series 7 Securities Operations Certification Exam Notes
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Money Market Participants: Include banks, mutual funds, NBFCs, and insurance companies.
Commercial Papers (CPs): Unsecured, short-term debt instruments issued by corporates.
Certificates of Deposit (CDs): Issued by banks and financial institutions with maturities from 7 days to one year.
Repo Transactions: Short-term borrowing/lending with securities as collateral, allowed for specific entities.
Fully Convertible Debentures: Convert into equity shares under specified terms.
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