# Pledge gSec / maturity?

**URL:** https://tradingqna.com/t/pledge-gsec-maturity/141183
**Category:** F&O
**Created:** [December 27, 2022, 12:20pm UTC](https://tradingqna.com/t/pledge-gsec-maturity/141183 "2022-12-27T12:20:10Z")
**Posts on this page:** 7
**Page:** 1

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### Author: ![Ddude](https://tradingqna.com/letter_avatar_proxy/v4/letter/d/d2c977/32.png) [@Ddude](https://tradingqna.com/u/Ddude)
#### Post date: [December 27, 2022, 12:20pm UTC](https://tradingqna.com/t/pledge-gsec-maturity/141183/1 "2022-12-27T12:20:10Z")

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Is it possible to meet margin requirements for Option Writing by pledging GSECs (GOI dated bonds or T-bills) ?? does Unpledge happens automatically at maturity ?

@ShubhS9

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### Author: ![ShubhS9](https://tradingqna.com/user_avatar/tradingqna.com/shubhs9/32/32667_2.png) [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [December 27, 2022, 12:24pm UTC](https://tradingqna.com/t/pledge-gsec-maturity/141183/2 "2022-12-27T12:24:00Z")

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> [@Ddude](#):
>
> Is it possible to meet margin requirements for Option Writing by pledging GSECs (GOI dated bonds or T-bills) ?

T-Bills cannot be pledged. You can pledge G-Secs, these are considered as cash equivalent and the margin received can be used for option writing. You can check the list of all the securities available for pledging [here](https://docs.google.com/spreadsheets/d/1vRI4NKpJ-3mnOWxUhSRMSQD5txy8QNumzSQrdfGKyL0/edit#gid=15947263).

> [@Ddude](#):
>
> does Unpledge happens automatically at maturity ?

Yes, the pledged G-Secs will be unpledged 30 days before the maturity. You will receive an email notification from us when the pledged G-Secs are nearing maturity.

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### Author: ![Ddude](https://tradingqna.com/letter_avatar_proxy/v4/letter/d/d2c977/32.png) [@Ddude](https://tradingqna.com/u/Ddude)
#### Post date: [December 28, 2022, 6:43am UTC](https://tradingqna.com/t/pledge-gsec-maturity/141183/3 "2022-12-28T06:43:12Z")

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Thanks @ShubhS9 for quick reply.

I have heard that GOI bonds can be sold in the secondary markets before maturity? where can I sell them in Zerodha ?

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### Author: ![ShubhS9](https://tradingqna.com/user_avatar/tradingqna.com/shubhs9/32/32667_2.png) [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [December 28, 2022, 6:50am UTC](https://tradingqna.com/t/pledge-gsec-maturity/141183/4 "2022-12-28T06:50:33Z")

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> [@Ddude](#):
>
> I have heard that GOI bonds can be sold in the secondary markets before maturity? where can I sell them in Zerodha ?

You can sell them on Kite itself just like stocks. However, liquidity in the secondary markets is on the lower side.

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### Author: ![Ddude](https://tradingqna.com/letter_avatar_proxy/v4/letter/d/d2c977/32.png) [@Ddude](https://tradingqna.com/u/Ddude)
#### Post date: [December 28, 2022, 6:56am UTC](https://tradingqna.com/t/pledge-gsec-maturity/141183/5 "2022-12-28T06:56:49Z")

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Thanks @ShubhS9… but similar to stocks how do I add the same on kite dashboard / watchlist… for eg… how do I even find GOI 6.69% - 2024 - IN0020220052 ?

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### Author: ![ShubhS9](https://tradingqna.com/user_avatar/tradingqna.com/shubhs9/32/32667_2.png) [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [December 28, 2022, 7:03am UTC](https://tradingqna.com/t/pledge-gsec-maturity/141183/6 "2022-12-28T07:03:28Z")

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> [@Ddude](#):
>
> but similar to stocks how do I add the same on kite dashboard / watchlist… for eg… how do I even find GOI 6.69% - 2024 - IN0020220052 ?

You can search for “669GS2024”. The nomenclature of G-Secs works as below;

6.69% - Interest Rate  
GS - Government Security  
2024 - Maturity

You can learn more about G-Secs here:

> **[Government Securities – Varsity by Zerodha](https://zerodha.com/varsity/chapter/government-securities/)**
>
> Understand how to invest in Govt. of India T-Bills & Bonds, which is now available to retail investors. Learn how to apply and trade in the secondary market

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### Author: ![ajaybgowda](https://tradingqna.com/letter_avatar_proxy/v4/letter/a/76d3ee/32.png) [@ajaybgowda](https://tradingqna.com/u/ajaybgowda)
#### Post date: [October 18, 2024, 12:13pm UTC](https://tradingqna.com/t/pledge-gsec-maturity/141183/7 "2024-10-18T12:13:55Z")

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> [@ShubhS9](#):
>
> Yes, the pledged G-Secs will be unpledged 30 days before the maturity. You will receive an email notification from us when the pledged G-Secs are nearing maturity.

Hi @ShubhS9, Is there any reason why G-secs are unpledged 30 days before maturity? Why can’t it be unpledged couple of days before maturity?
