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What are the government backed bonds?


Bonds issued by the Government of India are known as government bonds, and these are generally issued by the Reserve Bank of India (RBI) on behalf of the government. Government securities (G-Secs) with a maturity period of more than one year are typically classified as government bonds. The interest rates offered on these bonds vary depending on the specific issue. Their popularity is often attributed to the perception of relatively higher safety due to government backing