Government Securities

Government securities are financial instruments issued by the government to raise funds from both the public and institutional investors. These securities come with a promise to repay the borrowed amount along with interest. There are two main types: Treasury Bills, which are short-term instruments (maturing between 91 days and 1 year), and Treasury Bonds, which are long-term investments (with maturities ranging from 2 to 30 years). These securities are considered low-risk because the government backs them. The proceeds from their sale are used to finance government budgets, fund infrastructure projects, and manage debt repayments.

The Board of Trustees emphasizes that while financial markets experience cycles of volatility, the Scheme's strategies have adopted long-term investment that also accounts for short-term market fluctuations. They remain committed to ensuring the sustainability of the investment fund for the benefit of all Scheme Members.