What does one mean by Government security?
Government bonds/ security (G-Sec) means a security created and issued by the Central and State Governments for the purpose of raising a public loan or mainly for capital expenditure, financing a budget deficit, or infrastructure development as notified by the Government in the Official Gazette.
Government securities offer the benefits of safety, liquidity, and attractive returns to institutional or non-institutional investors, individuals, and non-individuals.
G-Secs are available to invest usually in a range from 91 days to 40 years.