NIC 649402 - Activities to issue debt securities whose coupon and principal payments are backed by payments on specified assets or future income streams on assets that have not been originated by the issuing unit.

NIC 649402 classifies activities to issue debt securities whose coupon and principal payments are backed by payments on specified assets or future income streams on assets that have not been originated by the issuing...

Key Facts

649402 at a Glance

Code 649402

Official title Activities to issue debt securities whose coupon and principal payments are backed by payments on specified assets or future income streams on assets that have not been originated by the issuing unit.

Version NIC 2025

Source authority MoSPI

Section L - Financial and insurance activities

Division 64 - Financial service activities, except insurance and pension funding

Group 649 - Other financial service activities, except insurance and pension funding activities

Class 6494 - Securitisation

Level Sub-class

Depth 5/5

Children 0

Last verified 2026-04-21

In this section

649401

Activities of Asset Reconstruction Companies

649402

Activities to issue debt securities whose coupon and principal payments are backed by payments on specified assets or future income streams on assets that have not been originated by the issuing unit.

← 649401

Official note

Class 6494 note from source layer

This class covers activities to issue debt securities whose coupon and principal payments are backed by payments on specified assets or future income streams on assets that have not been originated by the issuing unit.