Buying G-secs through your demat account: Next week, you should be able to directly buy a dated government security or a treasury bill using your demat account. The Reserve Bank of India (RBI), in a 28 July 2016 notification (http://bit.ly/2b2LAfZ ), allowed account holders with National Securities Depository Ltd (NSDL) or Central Depository Services (India) Ltd (CDSL), to buy and sell government bonds through their banks. Let’s de-jargon this before we decide whether to buy these or not. Governments spend more than they gather—from taxes and other revenue streams—by borrowing. The government’s borrowing is facilitated by its banker, the RBI. The central bank sells short-term papers called treasury bills (tenures of 91 days, 182 days and 364 days) and long-term government securities (G-Secs), with tenures of up to 30 years.