BSE launches platform for NCB government securities

Gayathri Udyawar
/ Categories: Trending, Markets

Retail investors can now buy NCB-GSec through primary auction on BSE's online bidding platform. 

Reserve Bank of India and SEBI have approved BSE as a facilitator for Non-Competitive bidding (NCB) auction of Government Securities (G-Sec) and Treasury Bills to retail investors. This move is part of government's strategy to diversify the investor base of G-Sec. Government of India aims to sell (re-issue) four dated securities for Rs. 12,000 crore. Retail investors can hold these instruments in their demat accounts. 

BSE is India's leading exchange group with Deutsche Bourse, as its strategic partner. BSE provides the platform for trading in equity, equity derivatives, currency derivatives, debt instruments, interest rate derivatives as well as mutual funds. 

Meanwhile, at 10:30 hours, the stock of BSE Limited was trading at Rs. 811.00 per share, up by 0.22 per cent on Friday. 

Previous Article Axis Bank posts net loss for Q4FY18
Next Article Five stocks with buying interest
Rate this article:
5.0

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR