To raise funds to finance important projects and budget deficits, government issues government securities (G-SEC) or treasury bills (T-Bills).
The return is fixed and secured and usually better than the fixed deposits.
Moreover government securities are reliable and investors get a good return when there is financial crisis and other investments are not doing well.
The return is fixed and secured and usually better than the fixed deposits.
Moreover government securities are reliable and investors get a good return when there is financial crisis and other investments are not doing well.