The Individuals in India can invest in which among the above? Answer:
1,2,3,4
Notes:
Dated Securities - These include government securities like government bonds, treasury bills etc. Indian individuals can invest in certain dated government securities like government bonds.
T-Bills - T-Bills or Treasury Bills are short-term debt instruments issued by the Government of India. These have maturities less than one year. Indian individuals can invest in T-Bills.
Certificates of Deposit (CDs) - CDs are debt instruments issued by banks and financial institutions. Indian individuals can invest in CDs issued by banks in India.
Municipal Bonds - These are debt instruments issued by urban and local bodies like municipal corporations. They can be subscribed by individuals but are not widely available for retail investors. As of 2023, only Indore Municipal Corporation (IMC) has launched India’s first public issue of municipal bonds in February 2023.