Bonds Market

Optimism building around potential announcement of an OMO calendar

RBI's Retail Direct lets small investors buy government bonds online, earn stable returns and skip brokers for a simpler, safer investment journey.

A balanced allocation to gold for crisis protection, bonds for stability, and quality equities for growth can help build resilient portfolios in CY25

Trump's bond investments also extend to a wide range of municipal projects across numerous US states, including New York, Florida, and Texas, Al Jazeera reported

With RBI rate cuts yet to fully pass through to bank loans, corporate India is tapping bond and equity markets at record levels, taking advantage of lower costs and better valuations

NHPC eyes shorter-tenor bonds; NTPC Green plans debut local-currency issue of up to ₹3,000 crore

Iran warned that it may close the Strait of Hormuz (~26 per cent of oil trade), attack US military installations in the region, and take other military and diplomatic actions.

Reserve Bank of India's unexpected move to release ₹2.5 trillion ($29 billion) starting September may prompt lenders to favour shorter-tenor securities over longer-dated ones

The government will repurchase select 2026 and 2027 securities via an RBI auction to reduce liabilities and improve the fiscal and debt profile

Germany's parliament approved a massive plan to boost infrastructure and support a broader European defence spending push this week

Domestic lenders have raised a record Rs 89,200 crore ($10.26 billion) in this financial year, with some, including State Bank of India, likely to tap this route before the fiscal year ends

Capitalising on strong demand, Exim Bank managed to tighten the final price by 30 basis points from the initial price guidance to achieve pricing of UST10+100 basis points

The Indian rupee plunged against the US dollar on Friday, ending at a record low of 85.53, posting a slump of 0.3 per cent - the biggest for a single session in nearly seven months

Benchmark 10-year bond yield is likely to move between 6.81 per cent and 6.85 per cent till the completion of the auction, compared with its previous close of 6.8329 per cent

NHB received bids worth Rs 4,950 crore at a coupon of 7.16 per cent and Rs 4,310 crore at a coupon of 7.15 per cent

Investors now see an 83 per cent chance of a December rate cut, up from 59 per cent a day ago, and 70 per cent a week ago, according to the CME FedWatch tool

Sales in the fiscal year starting April 1, 2025, are likely to be higher on redemption of debt issued during the Covid years

The announcement comes just three months after India imposed controls on foreign ownership of some newly issued bonds with 14-year and 30-year tenors

The demand at the auction was better than in previous buyback auctions conducted by the RBI in the current financial year

The benchmark 10-year yield is likely to move between 6.84 per cent and 6.87 per cent