CINS Number - Explained
What is a CINS Number?
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What is a CINS Number?
A CINS number is an identification number for international securities, securities that are non-US or non-Canadian. CINS is an acronym for the CUSIP International Numbering System, it is a numbering system that aids easy identification of securities offered outside of Canada and the United States. CINS provides unique identification numbers for securities of this nature.
How is a CINS Number Used?
CUPS means CUSIP International Numbering System, it is an identification number for securities issued from countries outside of North America. A CINS number has nine characters which are used for the identification of international securities whether they are corporate or municipal securities. Commercial or local securities offered form places outside of the U.S and Canada are also assigned the CINS identification number. CINS is an extension of the CUSIP number, it was introduced in the 1980s for the easy identification of international securities. About 1.3 million entries of securities are identified by CINS. CINS consists of 9 characters, these characters inform people of the country where the security issuer comes from and the peculiar security problem of each security.