Bond Market

Since the start of the West Asia crisis, 10Y sovereign yields have risen by more than 50 bps across several advanced and emerging markets, including Japan, UK, US, Canada, Italy, Spain and South Korea

The move underscores the RBI's push to deepen liquidity in sovereign debt, a priority that Governor Sanjay Malhotra highlighted this month

PNB Gilts shares surged nearly 20% after reports suggested India may reduce taxes on bond investments by foreign investors to attract capital and support the rupee

RBI said the switch operation will help the government spread redemption liabilities and reduce rollover risks by replacing short-term securities with longer-tenor bonds

State-owned infrastructure financier successfully taps long-term bond market despite volatility, investor caution and uncertainty linked to the West Asia crisis

Reserve Bank of India keeps bond structure intact but tightens rules with digital access, investor safeguards and stricter compliance norms

Developing a deep corporate bond market requires the political will to relinquish control over credit, not technical fixes

NABARD and REC withdraw planned bond issuances worth Rs 11,000 crore after receiving limited bids at higher yields, reflecting cautious sentiment in the debt market

Prolonged geopolitical tensions could pose headwinds

To facilitate retail participation in G-Secs, RBI came out in November 2021 with a scheme for direct retail participation in G-Secs through its own depository system and the NDS-OM trading platform

Last June, ​the company raised an aggregate of 50 billion rupees through a ‌combination of two-year papers, 30-month bonds and three-year bonds

Fourteen states raised ₹47,620 crore at weekly SDL auctions as yields softened marginally and spreads over gilts stayed stable

The RBI's MPC unanimously kept the repo rate unchanged at 5.25 per cent, retaining a neutral stance while signalling that future policy decisions will be guided by data from new GDP and CPI series

India's fiscal discipline has improved, but high debt, future spending pressures and bond-market constraints make deeper consolidation increasingly difficult

India's bond markets have been battered by hefty government borrowings, with investors expecting a record ₹30 trillion of federal and state government debt supply in the next fiscal

As the Union Budget approaches, India’s bond market is bracing for its biggest supply challenge yet.

China is shifting from dollar rivalry to creating a parallel, sanction-proof financial system through RMB trade settlement, digital currencies and deeper integration with global capital markets

Elevated yields may push some companies to loan market

Despite a recent RBI rate cut, investor bids stayed above issuer expectations, forcing PFC and SIDBI to cancel planned bond raises amid rising yields and market volatility

Canara Bank is set to raise up to ₹3,500 crore through AT-1 bonds on November 25, likely the first such issue of the financial year, as falling yields revive activity in the domestic debt market