Anjali Kumari
Anjali Kumari
Indian equities rose to two-month highs on optimism around India-US trade talks and expectations of a US Fed rate cut, with strong FPI and DII inflows supporting sentiment
Muthoot Finance has raised $600 million via ECB, marking the final tranche under its $2 billion GMTN programme, with funds earmarked for lending expansion across India
Corporate bond issuances pick up as market stabilises; big players like Aditya Birla Capital, Bajaj Finance, and Tata Capital tap debt amid strong liquidity and easing yield worries
Banks placed Rs 1.5 trillion in RBI's three-day VRRR auction as surplus liquidity hit Rs 2.85 trillion, with WACR firming to 5.43 per cent from 5.35 per cent
The rupee fell to 88.44 per dollar, its lowest ever, amid strong importer demand and tariff worries, even as RBI intervened to contain volatility in the forex market
Following India's rating upgrade, in investment grade space, spreads have compressed by 10 - 15 bps while in high yield space spreads have compressed by 25 - 30 bps
FPIs sold Rs 17,262 crore of government securities under FAR in FY26 so far, but Q2 has seen a turnaround with Rs 14,540 crore in inflows as bond yield spreads widened
Six states borrowed Rs 14,900 crore at the weekly auction while Nagaland did not accept bids for its 10-year bond as long-term state bond yields fell sharply this week
Urge state bond auction via uniform pricing; more of shorter tenure bonds in H2
A rate cut will also depend on how the central bank assesses growth, post the 50 per cent tariff imposed by the US, with the additional 25 per cent came into effect from late August
High bond yields have bearing on borrowing, says FM
Government bonds rallied as the estimated revenue loss from GST tax cuts came in lower than expected, easing fiscal concerns. The yield on the benchmark 10-year bond eased to 6.49%
The bank has approval from the board of directors to raise up to Rs.20,000 crore through debt capital in 2025-2026 (FY26)
Economists back headline CPI as India's inflation target, stressing food's heavy weight in consumption and urging RBI to retain the 4% benchmark with the current tolerance band
Government bonds recovered losses on Tuesday after short covering, with the 10-year yield closing flat at 6.60 per cent while SDL spreads widened sharply to 80 basis points
Hudco scrapped its Rs 3,000 crore bond issue after investors sought higher yields, reflecting hardened corporate bond rates in line with rising government securities
NaBFID aims to raise $1 bn via ECBs and dollar bonds while Nabard eyes overseas fundraising by FY26-end as rising bond yields and global risks weigh on domestic mobilisation
Says Basel-III norms for credit and market risks likely from April 2027
Bank of Maharashtra will raise Rs 2,000 crore via equity issue by FY26 to meet SEBI's 75% public shareholding rule, reducing government stake from nearly 80%
Benchmark 10-year yield closed at 6.60%, the highest since March, as higher SDL supply and Fitch's reaffirmation of India's BBB- rating weighed on sentiment