The higher-than-expected borrowing could mean weekly gross supply at Rs 37,000 crore, up from Rs 31,000 crore, assuming 47 auctions during the year, Nomura said in a report
On the taxation front, while details are awaited, one proposal stands out: Exempting global (non-India-sourced) income of a non-resident expert for five years in India
Budget 2026-27 faces a ₹30.5 trillion bond supply as higher state borrowing adds pressure, likely keeping government bond yields elevated despite easing inflation
RBI announced over $23 billion in liquidity measures via repos, FX swaps and bond buys to ease banking system stress amid rising yields and rupee pressure
India's benchmark 10-year government bond yield rose to a 10-month high of 6.68% amid rising US Treasury yields, while markets await cues from the state bond auction
Credit card debt has already declined as a share of the overall ABS market, making up 9 per cent of total issuance compared with 36 per cent at its peak in 2009, according to data from Morgan Stanley
PFC had earlier withdrawn a ₹3,000-crore, three-year bond issuance, and ₹3500 crore, 15-year bond issuance on November 25 and December 10 respectively due to elevated corporate bond yields
Sources said the state-owned institution was looking to raise funds at a similar level but investors wanted a higher cut-off. As a result, it decided to scrap the issuance
RBI Governor Sanjay Malhotra has urged bank CEOs to reduce intermediation costs and improve operational efficiency, citing the 125-bps rate cuts since February.
Canara Bank has raised ₹3,500 cr through its first at1 bond issue of FY26, while Bharti telecom secured ₹8,500 cr via short-tenor bonds to refinance upcoming maturities amid rising bank bond activity
DME Development Ltd, the NHAI-owned SPV for the Delhi-Mumbai Expressway, is preparing a ₹5,975 crore bond buyback after earlier repurchasing ₹9,924 crore
PSU NBFCs Nabard, Sidbi, PFC and IRFC will raise up to ₹24,000 crore next week as issuers rush to lock in funds ahead of the RBI's December policy review amid expectations of firming yields
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