Government Securities Act, 2006

This authoritative volume compiles the Government Securities Act, 2006 (Act No. 38 of 2006) with the Government Securities Regulations, 2007, RBI FAQs and practical operational guidance—bringing statutory text and market practice into one accessible reference. The Act modernised and consolidated India’s public-debt law to govern the issue, management and transfer of Government securities; the RBI acts as manager and regulator of the G-Sec market and the Public Debt Office (PDO) functions as the securities registry and payment office. The book explains forms of securities (stock, bonds, treasury bills), procedures for issuance and transfer, Subsidiary General Ledger (SGL) operations, nomination and succession rules, enforcement provisions, and powers to frame regulations. Each section is accompanied by clear annotations, sample instruments and flowcharts showing lifecycle events (issue → interest payment → redemption), plus an amendment timeline and cross-references to related debt instruments and depository practices (NSDL/DP procedures). Indexed for quick lookup and designed for practitioners, the edition supports lawyers, central/state budget officers, debt managers, investment professionals and students who need a single, citable source for both law and practice in India’s government securities market.