How long will it take for allotment of SDL, T-bills and G-Secs?

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Q1: What is the time frame for the allotment of SDL, T-Bills, and G-Secs through TradeJini?

A1: The time taken for the allotment of different securities is as follows:

SDL (State Development Loans): Auction day is Tuesday, and the settlement time is T+2 days.

T-Bills (Treasury Bills): Auction day is Wednesday, and the settlement time is T+2 days.

G-Secs (Government Securities): Auction day is Friday, and the settlement time is T+2 days.

Q2: What happens after the units are allotted?

A2: Once the units are allotted, a contract note will be promptly sent to your registered email ID. For checking the settlement date of both current and past issues, you can visit NSE (WEB).

Q3: Is there a guarantee of allotment for these securities?

A3: These securities are issued for limited amounts. There is no assurance of allotment if the number of bids received surpasses the issue size. In case of non-allotment, you can consider participating in the next auction. The Reserve Bank of India (RBI) conducts multiple issues each month.