WHY SGBs , Govt bonds and Govt securities not considered as cash component equivalent in UPSTOX while pledging?

General
1

WHY SGBs ,Govt bonds and Govt securities not considered as cash component equivalent in UPSTOX while pledging?

2

Hi @ADINARAYANA,

As per current RMS policy, SGBs are part of the equity collateral list. However, you might see changes in margin pledge regarding this soon.

Thank you for sharing your concern and feedback with us.

3

I am trading in upstox account with maintaining cash margin against pledged collateral…(50-50)

If SGBs and Govt bonds considered as cash equivalents,which would be more beneficial …

Pls look into it…Other brokers are providing the same .

Thank you …

4

Hi @ADINARAYANA,

Thank you for your feedback. We will look into it.

5

I can’t see my SGB holdings in Portfolio,
Actions section in profile says “track this in portfolio”.

6

Hi @shrey_ashok,

Welcome to the Upstox community!

If you have received the allotment, you can see it in the holdings report. You can check all the details here: How can I check my holdings ? - Upstox Help Center