What are ‘Government Securities’? Explain their features and discuss about the various types of Government Securities.
Government securities, also known as sovereign securities or bonds, are debt instruments issued by a government to raise funds for various public expenditures, infrastructure projects, or to finance budget deficits. These securities serve as a means for governments to borrow money from the public and institutional investors. They are considered one of the safest investments because they are backed by the full faith and credit of the issuing government.
Features of Government Securities:
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