IDBI Gilts Limited

IDBI Gilts Limited operates as a non banking financial company. It underwrites in auctions of primary issuance, as well as advices and trades in fixed income securities, government dated securities, non SLR bonds, state government loans, money market instruments, interest rate swaps and derivatives, corporate bonds, and treasury bills; engages in market making in government securities; bids in auctions; retails debt and government securities; and deals in equity, commercial paper and certificates of deposits, call money markets, repo markets, and collateralized borrowing and lending obligation (CBLO) markets. IDBI Gilts also provides gilt account and investment advisory services to pension and gratuity funds. The company was incorporated in 2006 and is based in Mumbai, India. IDBI Gilts Limited operates as a subsidiary of IDBI Bank Ltd.