Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 2 terms
A government security — a bond issued by the central government, carrying effectively no credit risk and the full interest-rate risk of its maturity.
Sovereign does not mean the price cannot fall. A long-duration gilt fund can post a real loss through a rate-hiking cycle while every borrower repays in full.
An RBI facility through which an individual can buy government securities directly, without an intermediary.
A genuine change: G-Secs used to be effectively institutional. For anyone wanting a risk-free rupee return over a defined period it is free and open, and most people still do not know it exists.