Question
The instrument where coupon and principal payments of
bonds are converted into separate securities and are separately traded is called:Solution
STRIPS – Separate Trading of Registered Interest and Principal of Securities: STRIPS are the securities created by way of separating the cash flows associated with a regular G-Sec each semi-annual coupon payment and the final principal payment to be received from the issuer, into separate securities. They are like the Zero-Coupon Bonds (ZCBs). They are created out of existing securities only and unlike other securities, are not issued through auctions.
Under the amendments made to widen the scope of the Prevention of Money Laundering Act,the threshold of the shares relating to beneficial ownership has ...
What can be the possible reason for determining poverty on the basis of consumption expenditure instead of income?
Which of the following is not an expense account?
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Which of the following should be done to conserve coal and petroleum?
