Hey wait a minute, so state psu’s like tamil nadu power finance don’t have any guarantee from govt? Means nobody is gonna save them if they can’t pay the bond holders?
They aren’t explicitly guaranteed unlike Gsecs. Will the govt bail out a PSU if they ever go down. There’s an assumption that PSUs have an “implicit” guarantee. Whether the implicit becomes explicit remains to be seen. Which is why PSUs yield a little more than Gsecs.
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@Bhuvan Thanks for replying.
Is there anyway to find the fundamentals of state PSU? ie the default risks and past performances.
Check
HI
I have 8.28% GS2032 bond. This bond has bi annual payout on 15 feb and 15 aug. While i had gotten the payout on 15 feb , got nothing on 15 aug. Why would this happen ? Generally how much time does it take to credit the interest from the date of payout
The interest payment will be credited to your primary bank account within 15 days from the interest payment date. You should get the payment in the coming days, 15th August (Independence Day) and 16th August (Parsi New Year) were holidays.
Sir
I purchased T Bill for 30k, but full amount is get deducted from my trading account, as you said only discounted amount should get deducted right? Please clarify. This is my first time purchase of T-Bill.
Thanks.
Hi @Rohi51
Since the auction price is unknown, the exchanges block an extra amount, You’ll get the refund based on the yield discovered during the auctions.
Check this out
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Hi everyone,
Please advise as to what are the chances of approval of NEW GS 2026 (which is a 3 year Gsec) to be available for pledging and by when should it be approved.
It should be approved for pledging. Which securities to approve for pledging is decided by the Clearing Corporation. Their list is updated at the end of each month.
Pls help New here. Do we need to put all the amount required for Tbill into zerodha account or saving account will work via UPI , while applying for Tbill
Funds will be deducted from your Zerodha account.
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