If you have wondered what is a CDO, CMO, CP, CD…welcome to the first lesson. A commercial paper is a short term unsecured negotiable issuance promissory note instrument issued by corporate bodies to meet short term requirements of working capital. It was issued for the first time (I think) in 1991 – maturity varies from […]

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Now that you know what is the money market and debt markets, you will want to know who are the participants, won’t you? Here they are: Banks of all categories Financial institutions Primary Dealers (PDs) Satellite dealers Firms Companies Mutual funds, Insurance companies, FIIs, State governments, Nepal Rashtria Bank, Provident funds, trusts, research organisations, Individuals, […]

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One of my popular posts is “life insurance simplified” so I thought I will continue to use the same tag line for all my 101 lessons! The number of journalists I know is going up, and the questions I get from them is stunning. The latest – “If Hdfc bank pays 3% interest on a […]

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Mutual fund regulatory environment REGULATORS IN INDIA · SEBI – The capital markets regulators also regulates the mutual funds in India. SEBI requires all mutual funds to be registered with them. SEBI issues guidelines for all mutual funds operations – investment, accounts, expenses etc. · RBI as supervisor of banks owned mutual funds – As […]

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Welcome the Bear Markets! Although we saw a furious short-term rally last fortnight, we have entered into official bear markets territory as of early this month. (In the US bear markets are defined as a drop of 20% or more from a previous high.) This is a good thing. Smart and Legendary investors understand this. […]

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