The government will conduct a ₹25,000-crore switch auction on Monday to convert bonds maturing in 2026-27 into longer-tenor securities, helping smoothen its redemption profile and reduce rollover risk
NaBFID's maiden one-year CD issue raised Rs 5,000 crore at 6.95%, pricing tighter than comparable AIFI issuances and signalling strong investor confidence in short-term funding markets
Banks are likely to invest around Rs 7 trillion in G-secs in FY27 as deposit growth strengthens and SLR requirements rise, with RBI expected to use OMOs to manage liquidity, analysts said
NaBFID withdrew its maiden three-year bond issue after investors sought higher yields amid hardening G-sec rates and geopolitical tensions that dampened market sentiment and pricing
The rupee slipped amid muted global risk appetite and firm US yields, though RBI intervention helped cap losses, while forex reserves hit a new record of $725.7 billion
RBI net sold $10 billion in December, with short dollar positions in the forward market easing to $62.35 billion, even as the rupee's REER slipped to 94.76, the monthly bulletin showed
ICICI Prudential Pension Fund has introduced the Swasthya Pension Scheme under PFRDA's sandbox to support retirement savings while enabling healthcare-linked withdrawals and digital access
RBI's proposal restricting access to rupee NDDCs to banks with IFSC units could deepen lender presence in GIFT City, while offshore ETP rules signal calibrated liberalisation
RBI's easing of ECB rules-expanding eligibility, lifting limits and removing pricing caps-is expected to spur offshore fundraising, especially as refinancing demand rises
The RBI has postponed the implementation of the UTI framework for OTC derivatives to 1 January 2027, extending timelines for reporting and allowing markets more operational flexibility
The auction, scheduled for February 23, plans to convert a basket of government bonds maturing in 2026-27 into longer-tenor papers ranging from 2032 to 2062
The central bank said the regulations were finalised after examining feedback received from stakeholders on the draft framework released on October 3, 2025
NABARD has raised ₹6,779 cr through a three-year bond at a 7.01% yield, as strong demand for AAA-rated short-tenor paper persists despite elevated sovereign yields and a subdued corporate bond market
The RBI has proposed expanding reporting norms to require AD Cat-I banks to disclose all offshore related-party rupee FX derivative contracts to CCIL, with phased compliance thresholds over 24 months
Despite easing after the policy review, government bond yields are expected to stay elevated in Q4 as supply pressure persists, debt switches offer limited relief and liquidity support appears unlikel
