ISIN stands for
International Securities Identification Number (ISIN). It is an international
numbering system set up by the International Organization for Standardization
(ISO) to number specific securities, such as stocks (equity and preference
shares), bonds, options and futures.
ISIN contains 12 characters in total, which comprise of both alphabets and numbers. The first two digits stand for the country code, next nine digits are the unique identification number for the security while the last digit is a check digit to prevent errors.
E.g.: ISIN for State Bank of India (SBI) is INE062A01012.
ISIN contains 12 characters in total, which comprise of both alphabets and numbers. The first two digits stand for the country code, next nine digits are the unique identification number for the security while the last digit is a check digit to prevent errors.
E.g.: ISIN for State Bank of India (SBI) is INE062A01012.