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Deutsche Bank shares slump as another major bank comes into spotlight Deutsche Bank shares slumped on Friday, putting the health of another globally systemic important bank in the spotlight heading into the weekend, MarketWatch reported. The German lender's shares fell 8 per cent in Frankfurt trade, and the Euro Stoxx bank index fell 4 per cent. Deutsche Bank's 5-year credit-default swaps widened on Thursday. It should be noted that Deutsche Bank's 5-year credit-default swap, which was 175 on Thursday, is nowhere near the peak for Credit Suiss...
Deutsche Bank shares slump as another major bank comes into spotlight
Deutsche Bank shares slump as another major bank comes into spotlight
Source: IANS
24/03/2023 5:32:01 PM
India's NSE unit launches first Municipal Bond Index  NSE Indices Ltd, the subsidiary of India's National Stock Exchange (NSE), has launched the country's first ever Municipal Bond Index in the backdrop of rising appetite for such instruments among investors. The company launched the Nifty India Municipal Bond Index at a workshop conducted by markets regulator Securities and Exchange Board of India in Bengaluru, the exchange said in a release on Friday. The index will track the performance of municipal bonds issued by Indian ...
India's NSE unit launches first Municipal Bond Index
India's NSE unit launches first Municipal Bond Index
Source: Reuters
24/02/2023 1:03:40 PM
Indian banks to issue bonds to maintain capital levels: CARE Ratings With credit off-take increasing, Indian banks are expected to issue bonds to maintain their capital levels and support their advances while cost of funds -- deposits and borrowings are likely to increase, said CARE Ratings. "To support credit-off take, banks are expected to shore up their liability franchise by raising capital (AT1 bonds, other debt instruments such as infrastructure bonds) and deposits. The market has been facing lower liquidity and elevated inflation, hence borrowin...
Indian banks to issue bonds to maintain capital levels: CARE Ratings
Indian banks to issue bonds to maintain capital levels: CARE Ratings
Source: IANS
24/02/2023 10:22:13 AM
Indore Municipal Corporations Green Bond subscribed 5.91 times on Final Day * Base Issue of Rs 122 crs oversubscribed by 5.91 times with a total collection of Rs 720.75 Crore * The debutant Retail category was oversubscribed by 5.78 times with a collection of Rs 176.33 Crore * Issue closes on Tuesday, February 14, 2023  Indore Municipal Corporation (“IMC” or “Corporation”), established in the year 1956 under the Madhya Pradesh Municipal Corporation Act, 1956 public issue of rated, listed, taxable, secured, redeemable, n...
Indore Municipal Corporations Green Bond subscribed 5.91 times on Final Day
Indore Municipal Corporations Green Bond subscribed 5.91 times on Final Day
Source: PR Agency
15/02/2023 1:00:23 PM
Housing Development Finance Corporation to issue 10-year bonds  India's Housing Development Finance Corp plans to raise at least 30 billion rupees ($370.5 million) through the sale of bonds maturing in 10 years, three merchant bankers said on Monday. The housing finance company has invited coupon and commitment bids from bankers and investors on Tuesday, they added. The issue will also have a greenshoe option to retain an additional 20 billion rupees and will close for subscription later this week. The bonds are rated AAA by CRISIL and ...
Housing Development Finance Corporation to issue 10-year bonds
Housing Development Finance Corporation to issue 10-year bonds
Source: Reuters
23/01/2023 9:25:42 AM
Rupee seen lower as growth fears hit risk sentiment The Indian rupee is likely to weaken at open against the U.S. dollar on Thursday as mounting global growth concerns prompted investors to exit risk assets. The rupee is tipped at around 81.45 to the dollar in early trading against the dollar, compared with the 81.24 close in the previous session. The local currency on Tuesday climbed 0.6%, likely helped by dollar debt inflows, according to traders. The rupee would have anyway found it challenging to move above 81.20, and the turn in ris...
Rupee seen lower as growth fears hit risk sentiment
Rupee seen lower as growth fears hit risk sentiment
Source: Reuters
19/01/2023 9:50:18 AM
Recessions risks knock stocks, speculators drawn back to yen Asian stock markets struggled to make headway on Thursday, after weak U.S. consumer data stoked recession worries and nudged investors toward safe assets such as bonds, while Japan's yen rose as markets doubted the Bank of Japan's policy commitments. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.8% and benchmark 10-year U.S. Treasury yields, which fall when prices rise, hit their lowest since September at 3.66%. U.S. crude futures fell 1%. Japan's Nik...
Recessions risks knock stocks, speculators drawn back to yen
Recessions risks knock stocks, speculators drawn back to yen
Source: Reuters
19/01/2023 9:14:22 AM
Dollar rises on safe haven bids; yen regains footing  The dollar rose broadly on Thursday as growth concerns about the U.S. economy drove demand for the safe-haven greenback, while the yen renewed its ascent as investors doubled down on bets that the Bank of Japan would shift away from its yield curve control policy. Weak U.S. data released on Wednesday showed that U.S. retail sales fell by the most in a year in December and manufacturing output recorded its biggest drop in nearly two years, stoking fears that the world's largest ec...
Dollar rises on safe haven bids; yen regains footing
Dollar rises on safe haven bids; yen regains footing
Source: Reuters
19/01/2023 9:04:44 AM
Bond yields seen flat with market focus on December inflation readings MUMBAI - Indian government bond yields are expected to be largely unchanged on Thursday, as market focus remained on inflation readings from India and the United States that are likely to provide cues on the central banks' rate-hike trajectory. The benchmark 10-year yield is expected to move in a range of 7.27% to 7.32%, a trader with a private bank said. The yield ended lower at 7.2913% on Wednesday and has fallen eight basis points in the previous three sessions. Since this w...
Bond yields seen flat with market focus on December inflation readings
Bond yields seen flat with market focus on December inflation readings
Source: Reuters
12/01/2023 8:56:22 AM
Bond yields jump post debt supply, rise in first week of 2023 MUMBAI- Indian government bond yields jumped on Friday as debt sale boosted supply, while traders cut positions after the government's weekly debt auction. Yields were little changed for the week with investors waiting for fresh economic cues. The benchmark 10-year yield ended at 7.3736%, highest since November 9, after closing at 7.3271% on Thursday. It posted its biggest single day rise since November 3, ending four basis points higher for the week. "Traders do not want...
Bond yields jump post debt supply, rise in first week of 2023
Bond yields jump post debt supply, rise in first week of 2023
Source: Reuters
6/01/2023 3:51:24 PM
Bond yields little changed after Fed minutes, traders eye debt supply  Indian government bond yields ended largely unchanged on Thursday as the fall in oil prices was offset by relatively hawkish commentary from the Federal Reserve in the minutes of the latest meeting. Market participants also stayed away, awaiting debt supply on Friday. New Delhi aims to raise 280 billion Indian rupees ($3.39 billion) through the sale of bonds, which includes 120 billion rupees of the benchmark paper. The benchmark 10-year yield ended at 7.3271%, after ending at 7.3...
Bond yields little changed after Fed minutes, traders eye debt supply
Bond yields little changed after Fed minutes, traders eye debt supply
Source: Reuters
5/01/2023 4:15:55 PM
South Indian Bank to not exercise call option on Tier-II bonds South Indian Bank has decided not to exercise a call option, due on Monday, on its Basel III-compliant tier-II bonds that allows the private lender to redeem them before maturity, a company spokesperson said on Friday. Interest rates have been rising and if the bank exercises the call option, it will likely not be able to raise fresh funds below the 9.5% coupon on this paper, a senior executive at the bank said, speaking on condition of anonymity as the matter is not yet public. The exe...
South Indian Bank to not exercise call option on Tier-II bonds
South Indian Bank to not exercise call option on Tier-II bonds
Source: Reuters
26/11/2022 11:09:05 AM
Bond yields seen tad lower tracking oil move, inflation data may cap fall Indian government bond yields are expected to open marginally lower on Tuesday as oil prices declined, though any major move is likely to be capped as domestic inflation eased and came roughly in line with estimates. The benchmark 10-year yield is likely to be in a 7.26%-7.32% band for the session, a trader with a private bank said. The yield ended lower for a sixth straight session at 7.2866% on Monday and has declined 19 basis points in six sessions. "The move in oil prices co...
Bond yields seen tad lower tracking oil move, inflation data may cap fall
Bond yields seen tad lower tracking oil move, inflation data may cap fall
Source: Reuters
15/11/2022 9:21:18 AM
Kotak Cherry customers can now invest in WealthBaskets WealthDesk, an investment technology platform, announced on Monday that it is offering WealthBaskets, a portfolio of stocks and ETFs created by various investment advisers on Kotak Cherry, a tech-led investment platform under Kotak Investment Advisors Limited (KIAL). Kotak Cherry customers can invest in stock baskets and ETFs through WealthBaskets, thus giving them access to premium investment solutions using their existing broking account by simply logging in to the Kotak Cherry mobile ap...
Kotak Cherry customers can now invest in WealthBaskets
Kotak Cherry customers can now invest in WealthBaskets
Source: IANS
14/11/2022 12:29:45 PM
India's first green bond to attract mix of local, foreign buyers - bankers India's first sovereign green bond will attract a mix of local and global buyers but the former may dominate as currency risks could keep foreign investor interest in check, according to bankers. "We expect both domestic investors and international investors to be interested in this issue, including existing foreign portfolio investors," said Chiranjeev Kumar, head of debt origination, South Asia, Citi. The government intends to raise 160 billion rupees ($2 billion) via th...
India's first green bond to attract mix of local, foreign buyers - bankers
India's first green bond to attract mix of local, foreign buyers - bankers
Source: Reuters
11/11/2022 11:33:29 AM
Indian debt attractive, but not enough to lure foreign flows just yet - fund managers Foreign investors are unlikely to enter the Indian government debt market, despite attractive valuations, deterred by near-term headwinds, including a depreciating rupee and high hedging costs. India's 10-year benchmark bond has largely traded between 7.40%-7.50% for more than a month now, comparable to the highest-yielding debt in the Asian emerging markets of Indonesia and the Philippines. "The yield is attractive, but we don't have high conviction in the currency levels,...
Indian debt attractive, but not enough to lure foreign flows just yet - fund managers
Indian debt attractive, but not enough to lure foreign flows just yet - fund managers
Source: Reuters
10/11/2022 1:56:55 PM
Govt approves India’s first sovereign green bonds framework Giving a strong signal of the country's commitment to a low-carbon economy, Union Minister for Finance & Corporate Affairs Nirmala Sitharaman has approved the final Sovereign Green Bonds framework of India. This approval will further strengthen India’s commitment towards its Nationally Determined Contribution (NDCs) targets, adopted under the Paris Agreement, and help in attracting global and domestic investments in eligible green projects. The proceeds generated from issuance o...
Govt approves India’s first sovereign green bonds framework
Govt approves India’s first sovereign green bonds framework
Source: Accord Fintech
10/11/2022 9:32:29 AM
Indian bond yield curve may invert as rate hikes near end - Axis Bank`s Neeraj Gambhir The Indian government bond yield curve could invert, with the benchmark 10-year bond yield easing below those of shorter tenor securities, as the central bank's rate hike cycle nears its end, the treasury head of private lender Axis Bank said on Wednesday. "When the market gets the sense that we are near the top of the rate hike cycle, there is a possibility of some sort of inversion of the yield curve," said Neeraj Gambhir, group executive and head - treasury, markets and wh...
Indian bond yield curve may invert as rate hikes near end - Axis Bank`s Neeraj Gambhir
Indian bond yield curve may invert as rate hikes near end - Axis Bank`s Neeraj Gambhir
Source: Reuters
9/11/2022 12:30:39 PM
Bond yields seen little changed as traders await fresh triggers Indian government bond yields are expected to trade largely unchanged on Wednesday, as traders awaited cues from U.S. inflation data and fresh supply of bonds due later in the week. The benchmark 10-year yield is likely to be in a 7.40%-7.45% band, a trader with a private bank said. The yield ended at 7.4342% on Monday. Indian markets were shut on Tuesday for a local holiday. "Broadly, there is not much change in global factors, and with yields at the levels that they are, we may n...
Bond yields seen little changed as traders await fresh triggers
Bond yields seen little changed as traders await fresh triggers
Source: Reuters
9/11/2022 10:03:20 AM
SBI to issue electoral bonds through 29 branches between November 9-15 The Finance Ministry has authorised the country's largest lender State Bank of India (SBI) to issue and encash electoral bonds through its 29 authorised branches between November 9 and November 15. The bonds shall be valid for 15 calendar days from the date of issue and no payment shall be made to any payee political party if the electoral bond is deposited after expiry of the validity period. The electoral bond deposited by an eligible political party in its account shall be credit...
SBI to issue electoral bonds through 29 branches between November 9-15
SBI to issue electoral bonds through 29 branches between November 9-15
Source: IANS
8/11/2022 11:05:11 AM
Edelweiss MF Launches Edelweiss CRISIL IBX 50:50 Gilt Plus SDL September 2028 NFO will be open for subscription between 1st to 7th November, 2022 Key Highlights:  * Edelweiss MF is a leader in the Passive Debt Category with an AUM of above Rs 60,000 crores as on September 30, 2022 and a market-share of more than 52% in this category * Earlier this year in September, Edelweiss MF has launched Edelweiss CRISIL IBX 50:50 Gilt Plus SDL April 2037 Index Fund will be India’s 1st Target Maturity Index Fund with 15 year-long maturity * The scheme will be o...
Edelweiss MF Launches Edelweiss CRISIL IBX 50:50 Gilt Plus SDL September 2028
Edelweiss MF Launches Edelweiss CRISIL IBX 50:50 Gilt Plus SDL September 2028
Source: PR Agency
2/11/2022 11:54:05 AM
Policy outlook, not bond inclusion, key for Indian yields - Capital Economics The domestic and global monetary policy stance will be more important for gauging the outlook for Indian bonds than inclusion to indexes, Capital Economics said in a note. The 10-year benchmark India bond yield last week fell to its lowest level in a month following a media report that JPMorgan was in talks with major investors to include India in its GBI-EM Global Diversified Index. India's inclusion could lead to a surge in foreign portfolio inflows, which would help to drive down...
Policy outlook, not bond inclusion, key for Indian yields - Capital Economics
Policy outlook, not bond inclusion, key for Indian yields - Capital Economics
Source: Reuters
12/09/2022 1:54:23 PM
Bond yields fall over 18 bps because of cooling inflation, easing oil prices The yield on benchmark government bonds fell sharply in last few weeks, by over 18 basis points, due to cooling inflation and falling Brent crude oil prices in the international market. The yield on 10-year benchmark 6.54 per cent-2032 bond yield, which was trading at 7.32 per cent in the last month, has eased to 7.13 per cent this month. "Besides crude oil prices easing out, there is an expectation of Indian Bond Index inclusion very soon. This news has created a positive vibe amo...
Bond yields fall over 18 bps because of cooling inflation, easing oil prices
Bond yields fall over 18 bps because of cooling inflation, easing oil prices
Source: IANS
10/09/2022 12:55:04 PM
Fixed income industry veteran Bobby Singh to join BondsIndia.com as Director: Source Fixed income industry veteran Bobby Singh, former Executive Director of AK Capital Services Ltd, is to join BondsIndia.com as a Director, an informed source said. She will be leading the business and creating value for its retail customers in their digital transformation journey and strengthening business partnerships for BondsIndia. In a professional careers spanning more than 30+ years, Bobby handled diverse portfolio and brings along experience in debt & forex market in leading o...
Fixed income industry veteran Bobby Singh to join BondsIndia.com as Director: Source
Fixed income industry veteran Bobby Singh to join BondsIndia.com as Director: Source
Source: IANS
6/09/2022 3:14:12 PM
Bank of Baroda to raise up to Rs 2,500 cr via Basel-III AT1 bonds on Aug 30 Bank of Baroda is planning to raise up to Rs 2,500 crore through Basel-III Additional Tier-I (AT1) bonds on August 30, a source close to the development told IANS on Friday. The auction for the additional tier-I bond is expected to be held on August 30 on the BSE's bidding platform. The source expects there will be higher demand for the bonds from the investors considering the issuances taken place in few days where coupon has been set lower. "On the upcoming AT1 bond of Ban...
Bank of Baroda to raise up to Rs 2,500 cr via Basel-III AT1 bonds on Aug 30
Bank of Baroda to raise up to Rs 2,500 cr via Basel-III AT1 bonds on Aug 30
Source: IANS
26/08/2022 12:51:00 PM
Companies, banks to raise up to Rs 3,200 cr via bonds today  Companies and banks are ready to raise Rs 3,220 crore through bonds maturing in various maturities on Thursday, market participants said. As per data, Canara Bank will raise Rs 2,000 crore, which includes Rs 1,000 crore via Basel-III Tier-II bonds, Kotak Mahindra prime Ltd will raise Rs 300 crore and Rs 175 crore via 35-month-25-day and 47-month-25-day, respectively. While, Tata Capital Housing Finance Ltd will raise Rs 245 crore via 118-month bonds, and Sundaram Finance Ltd is to...
Companies, banks to raise up to Rs 3,200 cr via bonds today
Companies, banks to raise up to Rs 3,200 cr via bonds today
Source: IANS
25/08/2022 12:09:22 PM
Bajaj Finance accepts bids for 5-year bonds - traders India's Bajaj Finance Ltd has accepted bids worth 6.50 billion rupees ($81.40 million) for bonds maturing in five years, three merchant bankers said on Wednesday. The non-banking finance company, which had invited bids from bankers and investors earlier in the day, will pay an annual coupon of 7.60% on this issue, they said. The notes are rated AAA by CRISIL and India Ratings. The issue will close for subscription on Thursday.  
Bajaj Finance accepts bids for 5-year bonds - traders
Bajaj Finance accepts bids for 5-year bonds - traders
Source: Reuters
24/08/2022 4:49:21 PM
India bond yields up for fourth day in a row as inflation, U.S. yields weigh  Indian government bond yields rose for a fourth consecutive session on Tuesday, as concerns over inflation weighed alongside higher U.S. Treasury yields. The benchmark 10-year government bond yield ended at 7.2811%. The yield has risen 9 basis points in last three sessions and had ended at 7.2702% on Monday. The new 10-year 7.26% 2032 bond yield closed at 7.2684% against 7.2585% on Monday. "There are worries over inflation and that central bank will hike (rates) more, so benc...
India bond yields up for fourth day in a row as inflation, U.S. yields weigh
India bond yields up for fourth day in a row as inflation, U.S. yields weigh
Source: Reuters
23/08/2022 4:10:29 PM
India`s Power Finance Corporation to issue multi-tenor bonds - traders  India’s Power Finance Corp plans to raise funds through sale of bonds maturing in three years as well as 10 years, four merchant bankers said on Friday. The state-run company plans to raise at least five billion rupees ($63.20 million) through each issue, with the three-year bonds having a greenshoe option to retain an additional 20 billion rupees, and the 10-year notes to retaiin additional 10 billion rupees. The company has invited coupon and commitment bids from bankers a...
India`s Power Finance Corporation to issue multi-tenor bonds - traders
India`s Power Finance Corporation to issue multi-tenor bonds - traders
Source: Reuters
5/08/2022 10:19:22 AM
India`s LIC Housing Finance accepts bids on bond issue – dealers  India's LIC Housing Finance has accepted bids worth 20 billion rupees ($254.30 million) on its bonds maturing in one year, three-month and 13 days, three merchant bankers said on Tuesday. The non-banking finance company will pay an annual coupon of 6.8975%, and had invited bids from bankers and investors earlier in the day, they said. The bonds of the company are rated AAA by CRISIL and the issue will close for subscription on Wednesday. The issue will mature on Nov. 16, 20...
India`s LIC Housing Finance accepts bids on bond issue – dealers
India`s LIC Housing Finance accepts bids on bond issue – dealers
Source: IANS
2/08/2022 3:38:12 PM
Rupee falls 13 paise to 79.91 against dollar ahead of US Fed meeting The Indian rupee declined nearly 13 paise to close at 79.91 against the US dollar on Wednesday as investors remained cautious ahead of US Federal Reserve meeting outcome. At the interbank foreign exchange market, the rupee opened at 79.83, and moved in a thin band to finally end at 79.91, which is 13 paise lower than its previous close of 79.78 on Tuesday. "Rupee traded weak by 0.10 points at 79.90 drawing down on back of crude strength as Brent crossed above $104$ keeping pressure...
Rupee falls 13 paise to 79.91 against dollar ahead of US Fed meeting
Rupee falls 13 paise to 79.91 against dollar ahead of US Fed meeting
Source: IANS
27/07/2022 4:27:17 PM
Indian rupee weakens, bond yields steady ahead of Fed meeting outcome The Indian rupee weakened on Wednesday, tracking losses in other Asian peers, while bond yields were largely steady as investors awaited the outcome of the U.S. Federal Reserve's policy meeting where it is widely seen raising rates by 75 basis points. The partially convertible rupee was trading at 79.87/88 per dollar by 0500 GMT compared to its close of 79.78 on Tuesday. Most other currencies in Asia too were broadly weaker as investors remained on edge ahead of a highly anticipated...
Indian rupee weakens, bond yields steady ahead of Fed meeting outcome
Indian rupee weakens, bond yields steady ahead of Fed meeting outcome
Source: Reuters
27/07/2022 11:12:24 AM
Gas rationing fears hammer euro, trigger government bond buying  The euro fell sharply on Tuesday and German government bonds extended their rally, as European Union countries prepared to approve emergency plans to curb gas usage in the face of the latest supply cuts from Russia. Europe faces an increased gas squeeze from Wednesday, when Russian's Gazprom said it would cut flows through the Nord Stream 1 pipeline to Germany to a fifth of capacity. The supply crunch and calls for energy rationing are likely to tip the euro bloc into recessio...
Gas rationing fears hammer euro, trigger government bond buying
Gas rationing fears hammer euro, trigger government bond buying
Source: Reuters
26/07/2022 4:32:05 PM
Indian rupee dips, bonds little changed; Fed meet in focus The Indian rupee weakened slightly against the dollar on Tuesday, while bond yields were little changed, as investors awaited the outcome of the U.S. Federal Reserve's policy meeting late on Wednesday for near-term direction. The Fed has signalled a 75 basis point (bps) rate hike at its July 26-27 meeting, although data last week showing that inflation hit 9.1% year-on-year in June has raised the possibility of a larger 100 bps hike later this year. India's partially convertible...
Indian rupee dips, bonds little changed; Fed meet in focus
Indian rupee dips, bonds little changed; Fed meet in focus
Source: Reuters
26/07/2022 11:07:43 AM
Indian rupee at over 1-wk high on broad $ losses; bond yields slip The Indian rupee rose to its highest in more than a week on Monday afternoon tracking broad losses in the dollar, while bond yields edged down, mirroring the move in their U.S. counterpart ahead of the outcome of the U.S. Federal Reserve meeting. The U.S. Federal Reserve has signalled a 75 basis point rate hike at its July 26-27 meeting, although data last week showing inflation hit 9.1% year-on-year in June raised the possibility of a larger 100 bps hike later this year. India's pa...
Indian rupee at over 1-wk high on broad $ losses; bond yields slip
Indian rupee at over 1-wk high on broad $ losses; bond yields slip
Source: Reuters
25/07/2022 4:53:29 PM
Indian rupee strengthens to over 1-week high on broad dollar losses The Indian rupee strengthened to its highest level in more than a week on Monday afternoon tracking broad losses in the dollar, but weaker local shares and losses in other Asian peers ahead of the U.S. Federal Reserve meeting's outcome later this week limited gains. The partially convertible rupee was trading at 79.70/71 per dollar by 0932 GMT, its strongest since July 14 and higher compared to its close of 79.8550 on Friday. "The dollar is weakening against most majors in Euro...
Indian rupee strengthens to over 1-week high on broad dollar losses
Indian rupee strengthens to over 1-week high on broad dollar losses
Source: Reuters
25/07/2022 11:44:26 AM
Bond yields edges higher on Friday Bond yields edged higher on Friday with Economic Affairs Secretary Ajay Seth’s statement that the measures taken by Reserve Bank of India (RBI) will increase inflows of overseas funds and help in strengthening the rupee against the US dollar. In the global market, U.S. Treasury yields rose on Thursday as investors waited on key jobs data due on Friday for clues about the strength of the economy as the Federal Reserve hikes interest rates in a bid to tackle inflation. Furthermore, Oil...
Bond yields edges higher on Friday
Bond yields edges higher on Friday
Source: Accord Fintech
8/07/2022 3:10:34 PM
Indian rupee, bonds post quarterly losses, more pain expected MUMBAI  - The Indian rupee declined for a third straight quarter versus the U.S. dollar while the benchmark 10-year bond yield spiked for a fourth quarter as concerns over sustained inflation and continuing foreign fund outflows weighed. Interest rate increases by the Reserve Bank of India to curb inflationary pressures and the sustained high global crude oil prices also weighed on bonds and the rupee. The partially convertible rupee ended at 78.9675 per dollar, after touching a re...
Indian rupee, bonds post quarterly losses, more pain expected
Indian rupee, bonds post quarterly losses, more pain expected
Source: Reuters
30/06/2022 7:30:07 PM
Europe unveils plans to issue $52 bn in bonds The European Commission on Friday announced plans to issue 50 billion euros ($52 billion) of EU-Bonds to finance the NextGenerationEU recovery program between July and December. The funds for the temporary recovery instrument were aimed at supporting member states' economic recovery from the Covid-19 pandemic and helping build a greener, more digital and more resilient Europe, reports Xinhua news agency. To finance NextGenerationEU, the European Commission aims to raise around 800 b...
Europe unveils plans to issue $52 bn in bonds
Europe unveils plans to issue $52 bn in bonds
Source: IANS
25/06/2022 12:06:05 PM
Perspective on Sovereign Gold Bond tranche-7 by Mr. Nish Bhatt, Millwood Kane International Below is Perspective on Sovereign Gold Bond Tranche-7 by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International “The price for the Sovereign Gold Bond tranche-7 has been fixed at 4761/gm. The gold bonds by the government have been a big success, as the government has raised over Rs 32,000 crores since its inception in 2015. SGBs are a superior option to invest in gold without having to worry about its storage cost, making charges in the case of gold jewelr...
Perspective on Sovereign Gold Bond tranche-7 by Mr. Nish Bhatt, Millwood Kane International
Perspective on Sovereign Gold Bond tranche-7 by Mr. Nish Bhatt, Millwood Kane International
Source: Millwood Kane International
23/10/2021 9:37:43 AM
Markets shift focus to peak growth, subsequent slowdown: Report As inflation concerns gain momentum and central banks may tighten loose monetary policies, the markets have now focused on 'peak' growth and the eventual slowdown. Bond yields have gyrated to now factoring in the post-Covid boom slowdown and central banks continuing with their ultra-loose monetary stance from earlier factoring in the post-Covid boom and central banks exiting their ultra-loose monetary stance, said a report by Kotak Institutional Equities. In other words, it look...
Markets shift focus to peak growth, subsequent slowdown: Report
Markets shift focus to peak growth, subsequent slowdown: Report
Source: IANS
12/07/2021 8:51:24 AM
Subscription for 1st tranche of Sovereign Gold Bonds 2021-22 from May 17 The Centre has issued the schedule for the Sovereign Gold Bonds Scheme 2021-22 and the subscription for the first tranche of the scheme will open on May 17. The overall issuance will be done in six tranches from May September. "The Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds. The Sovereign Gold Bonds will be issued in six tranches from May 2021 to September 2021," said an official statement. The bonds will b...
Subscription for 1st tranche of Sovereign Gold Bonds 2021-22 from May 17
Subscription for 1st tranche of Sovereign Gold Bonds 2021-22 from May 17
Source: IANS
13/05/2021 9:39:23 AM
SBI board to mull raising $2 bn via bonds in FY22 The State Bank of India (SBI) on Tuesday said that the Executive Committee of its Central Board will consider raising $2 billion through bonds in the financial year 2021-22. The committee will meet on Wednesday, April 28, the bank said in a regulatory filing. It said the Executive Committee will meet "to examine the status and decide on long term fund raising in single/multiple tranches up to US$2 Billion under Reg-S/144A, through a public offer and/or private placement of senior u...
SBI board to mull raising $2 bn via bonds in FY22
SBI board to mull raising $2 bn via bonds in FY22
Source: IANS
28/04/2021 9:01:30 AM
RBI puts in quantitative easing plan to stabilise bond yield curve In order to ensure stable and orderly evolution of the yield curve amidst comfortable liquidity conditions, the Reserve Bank of India on Wednesday decided to put in place a quantitative easing program, pledging to buy up to Rs 1 lakh crore of bonds in April-June quarter to keep borrowing costs low and support the economy's recovery. The debt purchases in the secondary market will start from April 15, with RBI purchasing an aggregate amount of Rs 25,000 crore under the secondary market ...
RBI puts in quantitative easing plan to stabilise bond yield curve
RBI puts in quantitative easing plan to stabilise bond yield curve
Source: IANS
7/04/2021 2:14:31 PM
Financial institutions to issue record volume of sustainable bonds in 2021 Financial institutions (FI) and development banks (DB) are likely to issue record volumes of bonds designed to fund sustainability objectives in 2021, according to a report by Moody's Investors Service. "Our view reflects sustained strong demand for these instruments as investors increasingly apply environmental, social and governance (ESG) criteria in selecting portfolio assets," it said. The projected increase this year comes after sustainable bond issuances from these e...
Financial institutions to issue record volume of sustainable bonds in 2021
Financial institutions to issue record volume of sustainable bonds in 2021
Source: IANS
12/03/2021 9:22:22 AM
Axis Direct launches 'YIELD' to facilitate investments in bonds Axis Direct, has launched 'YIELD' - an online platform to buy and sell bonds and debentures in the secondary market. Axis Direct is the online brand of Axis Securities, a wholly-owned subsidiary of Axis Bank. With a simple investment process, YIELD allows retail investors direct access to the debt instruments. This removes the hassle of filling up physical forms or the need for separate KYC with the bond institutions. To facilitate transactions only in secure options, it aggr...
Axis Direct launches 'YIELD' to facilitate investments in bonds
Axis Direct launches 'YIELD' to facilitate investments in bonds
Source: IANS
3/03/2021 4:57:05 PM
Covid bonds on the cards for long-term debt mobilisation As the country's fight against Coronavirus reaches the next level with the launch of the world's largest vaccination programme, the government proposes to launch new Covid bonds to finance the rising pandemic relief expenses. Sources privy to the development said that the announcement on Covid bonds may be made in the budget to be presented by finance minister Nirmala Sitharaman on February 1. Though the budget may be used to announce its launch, the bond issue may be made only ...
Covid bonds on the cards for long-term debt mobilisation
Covid bonds on the cards for long-term debt mobilisation
Source: IANS
31/01/2021 9:27:05 AM