News From Press Coming soon: Govt security with 50-year maturity. Should you invest?

Coming soon: Govt security with 50-year maturity. Should you invest?

Source: Moneycontrol Sep 29, 2023

Soon Indian investors will have a new investment option – government security with a term of 50 years. Reserve Bank of India announced the issue of this new security while notifying the calendar for issuance of government dated securities for the second half of the fiscal year 2023-24 (October 01, 2023 to March 31, 2024) in consultation with the Government of India.

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