I have purchased G-Sec for first time, hence seeking more clarity about its Interest Payment, Maturity etc.
the security is : 817GS2044-GS
Have below queries
- Interest Calculation: How its return are calculated and how much interest would be accrued on it?
- Interest Payment: I am aware that the Interest is paid semi annually, is there any specific date of Payment?
- Maturity: What happens at maturity exactly? How much money is redeemed? is the redemption automatic or we need to sell it?
Thanks.