Investment in Government Securities: Want to invest in government securities? Well, the interested investors can do so easily with the help of goBID app. In case of any queries and doubts, the interested individuals can login to the official website of National Stock Exchange (NSE) at nseindia.com.

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What is a government security?
A Government Security (G-Sec) is a tradeable instrument issued by the central government or the state governments, as per the official RBI website. It acknowledges the government’s debt obligation. Such securities are short term (usually called treasury bills, with original maturities of less than one year) or long term (usually called government bonds or dated securities with original maturity of one year or more).

How to register on goBID?
In order to invest in government securities, the interested investors can login to the NSE goBID app for registration. For registration, one has to remember certain important points. They are as follows:

1) To register on this portal, trading members should log-in from their existing Admin user of e-IPO platform

2) Then go to 'Misc > NCB Direct Investor' tab and accept terms and conditions

3) Retail investors of only registered trading members will be able to use the mobile app/web-based platforms

4) Registered trading members will be responsible for bids entered by their investors and also entitled for any incentives circular issued by Exchange/Clearing Corporation from time to time

How to invest in government securities?
Recently, NSE has tweeted from its official Twitter handle about investing in government securities through the goBID app. The tweet said, "Using the goBID app is easy and efficient! Here's a step-by-step run through to help you get started. Download today!"

 

Now, in order to invest in government securities, an individual will have to follow some simple steps. They are as follows:

Step 1: In the first place, an investor will have to sign up and register on the NSE goBID platform

Step 2: Then one can place a bid - One has to select T-Bill/Bond available for subscription

Step 3: Now, one needs to make online payment from bank account which is linked to the demat account

Step 4: Finally, one will receive the bonds directly in the demat account andrefund if any in bank account

In case of any further queries, the interested individuals can login to the official NSE website at nseindia.com.