Hi @ShubhS9
In Zerodha’s approved list of securities for pledging, many govt. securities are also given of different expiry. I want to know from where we can buy those govt. securities ? Are they traded on exchanges ? (Because I was not able to find any of them).
Yes, you can purchase Government Securitues (G-Sec’s) from secondary market through Coin, you can also apply through Coin, you can read this post for more information.
Symbols for G-Sec’s are little tricky, you can read this chapter on Varsity to get familiar with:
To give you an example, this is how symbols are:
The 72 represents the interest rate of the bond, ie. 7.2%.
GS - stands for Government Security.
2025 - this is the maturity year.
Okay and what about interest ? Will it be credited directly to bank account; and semi annually or annually ?
Interest is credited directly to your primary bank account, pay-out is semi annually.
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