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    NISM Series XXIIDiscontinuedTier C

    Fixed Income SecuritiesCertification Guide.

    Discontinued w.e.f. October 1, 2024. Covered bond markets, yield curves, credit analysis, fixed income portfolio management.

    Rohit Singh
    Rohit SinghMr. Chartist
    May 7, 2026
    12 min read

    Difficulty

    Intermediate

    Suggested prep: N/A

    Negative marking

    25%

    Avoid blind guessing.

    Validity

    3 years

    Computer-Based Test (CBT)

    Priority

    Rank 99

    Foundation track

    Database-led overview

    What this certification is really testing.

    This template pulls directly from the NISM database so the article stays factual, structured, and easy to scan before you register.

    Mandatory for

    Knowledge enhancement

    Skill building

    Market literacy

    Key concepts to remember

    This certification has been discontinued

    Preparation system

    A clear way to study this module.

    Use the database strategy as the practical order of attack: official workbook first, high-weightage chapters next, then mocks and exam-day control.

    Study strategy

    This certification is no longer available

    Exam-day tips

    This certification has been discontinued by NISM

    Scoring warning

    The pass mark is simple. The paper is not.

    Because this paper has negative marking, precision matters more than speed. Attempt the sure questions first, then return to calculations and close-call options.

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