New Delhi, Jan 31 (PTI) The BSE will launch a mobile app Friday to help retail investors participate directly in the auction of government securities and treasury bills conducted by the Reserve Bank of India.Also Read - Your Loan EMIs To Go Further Up As RBI Governor Hints At More Hikes

The app would enable investors to directly participate in the auction without the involvement of a registered trading member of the BSE, the exchange said in a statement Thursday. Also Read - RBI Recruitment 2022: Apply For Architect, Other Posts From May 23| Check Last Date, Selection Process Here

The exchange will also enable trading of treasury bills (T-bills) in the capital market segment from Friday. The trading of T-bills in secondary markets will provide an exit route for investors who have been holding securities in the demat format. Also Read - RBI Grade B 2022 Admit Card Out Now at, Step To Download Hall Ticket Here

Last month, the BSE had launched BSE-Direct, an online bidding platform for retail investors, to participate in non-competitive bidding of government securities (G-secs) and T-bills. The platform offers a user-friendly interface, allows 24×7 bidding and enables collection of bids from investors.

Investors who bid through the platform have a facility to electronically pay from their bank accounts directly to the exchange and get the securities directly in their demat account post allotment.

While G-secs are a risk-free investment avenue that offer investors the comfort to stay invested for long-term and generate regular and stable income. However, T-bills are liquid instruments for investors to put in their money on a short-term basis.

This is published unedited from the PTI feed.