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International Securities Identification Number (ISIN)

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The International securities Identification Number (ISIN) is a unique 12-character code used to identify securities worldwide. It is commonly used by investors and professionals to track and manage investments across different markets.

Format: XXYYMMDDCCC

  • XX: Country code (e.g., US for the United States, CA for Canada)
  • YY: Year of issuance (last two digits of the year)
  • MM: Month of issuance (01-12)
  • DD: Day of issuance (01-31)
  • CCC: Unique Security Identifier (three letters identifying the specific security within the country)

Additional Information:

  • ISINs are assigned by national authorities according to the ISIN Standard, developed by the International Organization for Standardization (ISO).
  • The ISIN is used in various financial transactions, including stock trades, bond purchases, and derivatives.
  • ISINs are also used to track collateralized debt obligations (CDSOs) and other financial instruments.
  • ISINs are typically displayed on securities certificates and other documents.

Here are some examples of ISINs:

Additional Resources:

  • International Organization for Standardization (ISO): en.iso.org/iso-616-isin-international- securities-identification-number.html
  • Investopedia: investopedia.com/articles/investing/isin.asp
  • BuyShares: buyshares.com/articles/isin-number-meaning-format-examples

FAQs

  1. How do I get my ISIN number?

    You can obtain an ISIN number through the authorized national numbering agency (NNA) in your country or by contacting a financial institution that handles securities registration. In India, for example, the ISIN is issued by the National Securities Depository Limited (NSDL) or Central Depository Services (CDSL).

  2. How do I find my ISIN number?

    You can find your ISIN number on the security-related documents provided by your broker or financial institution. It may also be listed on the stock exchange where the security is traded or through online databases offering security information.

  3. Does every company have an ISIN number?

    Not every company has an ISIN number. Only companies with publicly traded securities, such as stocks, bonds, or other financial instruments, are assigned an ISIN.

  4. Who issues ISIN in India?

    In India, ISINs are issued by the National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL), the two depositories responsible for securities registration.

  5. What is an ISIN number used for?

    An ISIN number is used to uniquely identify securities such as stocks, bonds, and other financial instruments. It helps in the smooth settlement of trades and provides a standard reference for securities across international markets.

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