Bond Markets

The 10-year benchmark yield rose as much 4 basis points to 7 per cent after the Reserve Bank of India announced plans to withdraw liquidity of up to ₹2 trillion ($21.6 billion)

Corporate bond issuances likely to remain subdued in FY27 as elevated yields, inflation risks and liquidity conditions weigh on fundraising activity and investor appetite

RBI MPC member Saugata Bhattacharya flags rising inflation risks but sees no overheating, says lower final US tariffs could lift exports and foreign capital inflows into India

Even as bond yields eased after the policy review, supply pressure and limited relief from switches mean the 10-year yield is expected to stay firm through Q4, with cuts or liquidity support unlikely

The RBI MPC, led by governor Sanjay Malhotra, on Friday, announced to keep the repo rate unchanged at 5.25 per cent

Union Budget 2026 avoids tax shocks, stays committed to fiscal discipline and capex-led growth, with long-term implications for equities, bonds, and fixed income investors, writes Basant Bafna

For India to finance sustained growth, it must strengthen long-term capital markets as bond market currently is shallow, illiquid

Sebi and RBI are working to introduce bond derivatives to deepen liquidity as the regulator pushes reforms to boost retail participation and strengthen India's bond market

States had borrowed Rs 5 trillion through state bonds in the first half of FY26, with Q2 issuances marginally exceeding the indicative borrowing calendar, the first such instance in seven quarters

The selling comes as the rupee tested a series of record lows against the dollar this month, eroding returns for foreigners

Gross borrowings by Indian states have jumped almost 20 per cent this fiscal year from 2024 as growth in tax revenues slowed, while they beefed up spending

States are aiming to raise more than ₹33,200 crore, 25 per cent higher than the planned calendar, while Power Finance Corp is eyeing ₹6,000 crore and Bank of India plans to raise ₹10,000 crore

NITI Aayog warns India's shallow corporate bond market could constrain investment-led growth and calls for sequenced reforms to deepen liquidity, broaden investors and cut regulatory frictions

According to DBS, the first risk is a sharp correction in US equities, particularly in tech stocks linked to the AI investment wave.

The review matters because Nomura is one of the key players in the Strips market, a niche but a fast-growing part of India's $1.3 trillion sovereign debt market

The real estate and civil engineering company is preparing to raise around ₹25,000 crore ($2.84 billion) through a two-year zero-coupon bond issue

A 25 basis-point interest-rate cut, combined with clear guidance on further easing, may drive the 10-year yield lower by as much as 30 basis points

Yields on super-long Japanese government bonds (JGBs) have already been hovering near record highs due to global concerns about fiscal deficits and domestic political pressure on Ishiba

The yield on the 10 year benchmark government bond softened by 3 basis points during the day on the back of short covering, said dealers. It settled at 6.48%, against the previous close of 6.49%

Selloff continues despite retail inflation hitting 8-year low