Gilt-edged Market

The gilt-edged market refers to the market for government amd semi- government securities, backed by RBI. The term ‘gilt-edged’ means ‘of the best quality’. This is because the government securities do not suffer from risk of default and are highly liquid (as they can be easily sold in the market at their current price).




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Updated: December 16, 2017 — 4:08 pm

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