Bond Traders

Securities and Exchange Board of India and the Reserve Bank of India are in discussions on corporate bond index derivatives to strengthen trading activity in corporate debt securities, Sebi whole-time member Ananth Narayan G said on Friday. Speaking at the ASSOCHAM National Council for Corporate Bonds, Narayan said, "Corporate bond index derivatives trading is another frontier in this regard. Good discussions are ongoing between Sebi and RBI, and we are hopeful that we will see progress soon." He pointed out that secondary bond volumes are about Rs 1.4 lakh crore a month, while equity markets trade around that much in a single day. If bond trading can be made more comparable to equity trading-- in terms of settlement, platforms, and even trading culture the investment class could see significant growth, he added. In 2023, Sebi allowed stock exchanges to launch derivative contracts on indices of corporate debt securities rated AA+ and above, but the move failed to gain traction. On

It's a familiar pattern: when local or global forces threaten market equilibrium, the Reserve Bank of India is typically expected to step in

Jane Street is facing Sebi scrutiny in India and a lawsuit in the US after raking in billions through algorithmic trading strategies in equity derivatives markets

While Adani denies any wrongdoing, the capital markets blowback is brutal

Bond yields have eased over the last few sessions, after the Reserve Bank of India's board last week approved the transfer of a record 2.11 trillion rupees as surplus to the government

The gains will be capped as the central bank's record surplus transfer to the government has boosted market sentiment

The government has bought back securities aggregating to only around Rs 17,900 crore ($2.15 billion), against notified quantum of Rs 1.60 trillion in May

Yields declined on Monday tracking a drop in US yields, as traders turned optimistic on the Federal Reserve's rate cuts during the year after weaker-than-expected April nonfarm payrolls data

Bond yields declined in the first two days of the week, before giving up some of the fall on Wednesday, as oil prices and US yields continued to be around levels where a further upside is possible

Adani Green and associated firms raised $409 million this month in the conglomerate's first debt sale since a damaging short-seller report last year

Indian bonds have rallied over the past three months, fueled by overseas inflows ahead of global index inclusion starting June

Capital markets regulator Sebi on Friday restricted online bond platform providers from offering products other than listed debt securities on their platforms. In addition, the regulator allowed them to offer securities such as Government Securities, Treasury Bills, listed Sovereign Gold Bonds, listed municipal debt securities, and listed securitised debt instruments on their online bond platforms, according to a circular. Under the rules, Online Bond Platform Providers (OBPPs) need to register themselves as stock brokers in the debt segment of the stock exchange. OBPs offer an avenue for investors, particularly non-institutional investors to access the bond market. While restricting products offered on an online bond platform, Sebi reiterated that an entity acting as an online bond platform provider would cease to offer on its platform or any other platform website, products or services not permitted under the rules. It, further, said that the holding company, subsidiary, or ...

India aims to borrow gross Rs 15.43 trillion ($187.85 billion) through a sale of bonds in the next financial year beginning April 1, up from the Rs 14.21 trillion raised this year

In a uniform price auction, traders are wary of bidding at price levels that are way off the prevailing price of a bond in the secondary market

According to bond traders, the RBI's NDS-OM platform suffered technical issues between 9:05 am and 10:08 am IST, which led to trade almost coming to a halt during that period

Bulk of CBDC wholesale pilot trading concentrated in liquid 5-yr, 10-yr bonds

SBI, BoB hammer out first gilt deal using digital rupee; 48 transactions carried out

Green bonds are a growing category of fixed-income securities that raise capital for projects with environmental benefits

Singapore-based bond exchange, BondEvalue, developed by India-origin entrepreneurs, is targeting to launch a blockchain-platform in the New Year to facilitate investment in bonds by individuals

The additional borrowing could take full-year issuance to a new high of 13 trillion rupees from the current 12 trillion rupees target, according to Bloomberg calculations