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    NISM IV
    What is the Face Value of a bond also known as?

    How you’ll prepare

    01:24:36left
    1234567891011121314151617181920
    NISM IV

    What are Government Bonds also known as?

    • ASecuritized Debt
    • BCorporate Bonds
    • CMunicipal Bonds

    Timed mock tests

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    68%Latest mock
    Score by mock+16
    Mock 1Mock 4

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    Introduction to Interest…48%
    Interest Rate Derivatives62%
    Exchange Traded Interest Rate…76%
    Exchange Traded Interest Rate…84%

    Find your weak areas

    Topic-level results show where to spend your next study session.

    NISM IV Formula Sheet

    Introduction to Interest…

    Interest Rate Derivatives

    Exchange Traded Interest…

    NISM IV Revision Notes

    Par value

    The Face Value, Par value, or Principal value is the amount on which the coupon is calculated and is typically the…

    Interest Rate Derivatives

    Exchange Traded Interest…

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    Mock tests7 tests
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    • NISM IV mock test 2
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    • NISM IV mock test 3
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    • NISM IV mock test 4
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    • NISM IV mock test 5
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    • NISM IV mock test 6
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    • NISM IV mock test 7
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    Notes2 PDFs
    • NISM IV Revision Notes
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    • NISM IV Formula Sheet
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    Mock Test Series
    NISM IV
    Interest Rate Derivatives
    Exam-level difficulty
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    7 full-length mock tests
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    Syllabus covered

    10 sections · 78 topics · mock tests & practice

    Introduction to Interest Rate, Interest Rate Instruments and Fixed Income Markets14 topics
    • Understanding the Interest Rate Concept
    • Fixed Income Securities
    • Type of Fixed Income Securities
    • Equity Securities vs. Debt Securities
    • Concept of Risk-Free Interest Rate
    • Term Structure of Interest Rates
    • Conversion of Rate into Amount
    • Accrued Interest
    • Spot Rate (Zero Rate) and Holding Period Return
    • Coupon, Current Yield, and Yield-To-Maturity
    • Determining Cash Flow, Yield, and Price of Bonds
    • Risk Measures
    • Role of the Debt Market
    • Primary and Secondary Debt Market in India
    Interest Rate Derivatives6 topics
    • Derivatives: Definition and Economic Role
    • Products in Derivatives Market
    • Growth Drivers of Derivatives
    • Market Participants in Interest Rate Derivatives Market
    • Underlying of Interest Rate Derivatives
    • OTC versus Exchange-Traded Derivatives
    Exchange Traded Interest Rate Futures7 topics
    • Interest Rate Futures
    • Payoff Charts for Futures Contract
    • Contract Specification of Exchange Traded Interest Rate Futures
    • Lot Size, Tick Size, and Change in Contract Value for Each Tick Change
    • Rationale for Introducing Exchange Traded Interest Rate Derivatives in India
    • Advantages and Limitations of Future Contracts in Comparison to FRA
    • Interest Rate Futures Price Computation
    Exchange Traded Interest Rate Options10 topics
    • Basics of Options
    • Difference Between Futures and Options
    • Style of Options
    • Moneyness of an Option
    • Basics of Option Pricing and Option Greeks
    • Option Pricing Methodology
    • Implied Volatility (IV)
    • Payoff Diagrams for Options
    • Contract Specification of Exchange Traded Interest Rate Options
    • Comparison of Exchange Traded IRO and OTC IRO
    Strategies using Interest Rate Derivatives7 topics
    • Market Participants
    • Hedging Through Exchange Traded Interest Rate Derivatives
    • Option Trading Strategies
    • Use of Interest Rate Derivatives for Speculative Transactions
    • Use of Interest Rate Derivatives by Arbitragers
    • Trading Spreads Using ETIRD
    • Limitation of Interest Rate Derivatives for Hedgers
    Trading Mechanism in Exchange Traded IRD6 topics
    • List of Entities in the Trading System
    • Exchange Trading System
    • Order Management
    • Risk Management and Order Routing
    • Price Limit Circuit Filter
    • Trading Costs
    Clearing, Settlement and Risk Management of IRD12 topics
    • Clearing and Settlement Mechanism
    • List of Entities in Clearing and Settlement of ETIRD
    • Interoperability Among Clearing Corporations
    • Clearing Mechanism
    • Determination of Settlement Obligations
    • Position Limits
    • Settlement
    • Funds Settlement
    • Delivery Under Physical Settlement
    • Risk Management
    • Margin Collection by Clearing Corporation
    • Core Settlement Guarantee Fund
    Regulatory Environment for Exchange Traded IRD7 topics
    • Securities Contracts (Regulation) Act, 1956 [SC(R)A]
    • RBI-SEBI Standing Technical Committee on Exchange Traded Currency and Interest Rate Derivatives
    • RBI Guideline on Exchange Traded Interest Rate Derivatives
    • SEBI Regulation and Guideline
    • Regulatory Guideline on Participation of Various Entities in ETIRD
    • Role of FIMMDA in Fixed Income and Derivatives Markets in India
    • Eligibility Criteria for Members
    Accounting and Taxation of IRD2 topics
    • Accounting Guideline and Disclosure Requirements
    • Taxation of Exchange Traded Interest Rate Derivatives
    Code of Conduct and Investor Protection Measures7 topics
    • SEBI's Code of Conduct for Brokers
    • Investor Grievance Redressal Mechanism
    • Online Resolution of Disputes in the Indian Securities Market
    • Investor Protection Fund
    • Execution of Power of Attorney (PoA) by the Client in Favor of the Stock Broker / Stock Broker and Depository Participant
    • Execution of 'Demat Debit and Pledge Instruction' (DDPI) for Transfer of Securities Towards Deliveries / Settlement Obligations and Pledging / Re-Pledging of Securities
    • Risk Disclosure to Client and KYC

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