SDL bond pledge?

Bonds
1

Is it possible to pledge SDL bonds?

2

SDL can not be pledged as they are not approved for pledging, check the below list of approved securities for pledging

3

Thanks for the reply.
I have brought SDL with better interest rate then G sec, thinking SDL can also be pledge for trading.

4

Cool Cool…

Now please sell them SDLs at discount on NSE/BSE.
A bunch of us are waiting to buy them at a steep discount. :sweat_smile:

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On a more serious note,

  • Either forget you have them and hold them till maturity, earning interest on them every 6 months,
  • or sell them off at a discount as described here
    • assuming someone is even willing to buy them on the secondary markets (NSE/BSE).
    • in this case even if you book a small loss (5-15%), atleast you have your capital back to trade.
1 Like
5

@cvs Thanks for your reply and Appreciate your effort memeing :smiley:
Interest rate is good, better to hold it till maturity.