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| No change in held-to-maturity limit | 28-OCT-09 |
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| The cut-off yield at government bond auctions may be higher by three or four basis points, as the Reserve Bank of India has not accepted the demand for an increase in the limit on securities kept in the Held to Maturity (HTM) category. |
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| G-14 meet yields no result after unrelenting US stand | 21-OCT-09 |
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| A meeting of senior trade officials from the newly constituted Group of 14 countries, tasked with finding solutions in the precarious Doha trade negotiations, today ended without any progress because of the United States’ unwillingness to enter into a hard bargain on various outstanding issues in market access for industrial goods and services. |
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| Re drops, reversing earlier gains | 16-OCT-09 |
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| Rupee fell, reversing earlier gains, on speculation importers were buying foreign exchange to save on costs. It retreated from the highest in more than a year as importers such as Indian Oil Corp, the nation’s largest refiner, may have bought foreign exchange to pay for crude oil, the price of which has increased more than 68 per cent this year. |
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| Bond yields to remain range-bound | 29-SEP-09 |
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| With just two trading days in the current week and a decision likely on the government borrowing plan for the second half, the yield on government bonds are expected to remain range-bound. |
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| Bettering Bombay High | 21-SEP-09 |
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| The real story about the Krishna-Godavari basin is not the spat between the Ambani brothers and the companies that they run, but what the gas discoveries there mean for the country’s energy scenario. This is a question that goes beyond the initial question of improving energy security by raising the level of energy self-sufficiency. The director-general of hydrocarbons, VK Sibal, has been reported as saying that the gas output from the field, being managed off the coast of Andhra Pradesh by Reliance Industries, could be nearly four times the levels committed by the company so far, namely 80 million metric standard cubic metres per day (mmscmd); the current level of production is about 36 mmscmd. If indeed it is true that output could nearly quadruple, to about 300 mmscmd, the enormous significance of that figure needs to be understood. |
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| Web Exclusive: Yields in bond market expected to remain at current levels | 17-SEP-09 |
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| Despite reasonably comfortable liquidity conditions, the long term bond yields have inched up significantly during the last few months. The yield on the benchmark 10-year bond surged by almost 100 basis points between April 17, 2009 and and September 10, 2009. The huge Government borrowing programme for the current fiscal to fund the mounting fiscal deficit has largely been responsible for the spike in the G-sec yields. |
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| Pressure on bond yields may ease | 14-SEP-09 |
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| The yield on government bond securities is likely to ease on cues from Reserve Bank of India (RBI) to re-examine the current limits on bonds kept in held to maturity (HTM) category. Dealers said the pressure of large government borrowing remains and many banks have reached limit on HTM book. |
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| Rising demand for debt boosts 10-yr bonds | 08-SEP-09 |
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| India’s 10-year bonds gained the most in almost two weeks after the government sold debt at lower yields than traders’ forecast at an auction on September 4, suggesting increased demand for fixed-income securities. |
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| Bond yields may harden further | 07-SEP-09 |
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| The yield on government securities may harden further due to huge supply of paper, including 10-year state government bonds through auction. |
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