n NISM Certifications
XXI NISM Series XXI-A
Medium

Which of the following is essential for the public issue of debt security?

Practice question from NISM XXI A for PMS - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The debt issuer must stand as a guarantor for the payment of principal and interest

  2. The debt instruments must be credit-rated

    Correct answer

  3. C

    The debt issue size should be greater than Rs. 5000 Crs

  4. D

    The debt instruments should have a minimum coupon specified

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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