The HDFC GOI RBI Floating Rate Savings Bonds 2020 are not tradable in the secondary market. This means that you cannot buy or sell these bonds on any market exchange. They are designed to be held by individual investors until maturity and cannot be actively traded like other marketable securities.

Also, the HDFC GOI RBI Floating Rate Savings Bonds 2020 cannot be used as collateral for obtaining loans from banks, financial institutions, or non-banking financial companies.

These bonds do not provide the option for borrowers to use them as security against a loan or as collateral to obtain advances.Therefore, the primary purpose of the HDFC GOI RBI Floating Rate Savings Bonds 2020 is to offer individuals an investment instrument with a fixed tenure and interest rate, providing a steady return until maturity.

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