Tag: public debt act

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How are government securities classified?

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How are government securities classified? Well they are classified as follows: 1. Government of India dated securities – like it says “9.35%GOI2027” – it means it pays 9.35% p.a. – payable twice a year (so strictly speaking it yields more than 9.35%), issuer is Government of India and will mature in the year 2027. 2. […]

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What are SLR securities? (Statutory liquidity ratio)

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RBI fixes SLR (statutory liquidity ratio) from time to time – currently it is at 25%. RBI requires banks to maintain 25% of Net Demand and Time Liabilities (NDTL) which is to be maintained on daily basis by investment in cash (other than CRR) and unencumbered prescribed Central and State Government securities, Treasury bills, and […]

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