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Features of Government Securities 1. Issued at face value. 2. No default risk as the securities carry sovereign guarantee. 3. Ample liquidity as the investor can sell the security in the secondary market. 4. Interest payment on a half yearly basis on face value. 5. No tax deducted at source. 6. Can be held in Demat form
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owner: ruchi - (no access) - JAIIB-PPB-Short Notes by Murugan.pdf, p6


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