Bond Market

Oil prices, FX risks loom over India's bond inflow push, says BlackRock

Seeking to shore up the rupee ‌and interest in bonds, India last week announced ​tax cuts for overseas bond investors ​and a host of measures aimed at boosting inflows and improving market access

Fund managers see duration headwinds easing, but await better entry points

RBI and government measures to attract foreign capital have improved sentiment in the bond market, but most fund managers continue to favour shorter-duration papers

Big Bond Bang reignites hopes for Indian Gsec in global portfolios

Bloomberg's review of its flagship global index is scheduled for mid-June this year

Capital flows can support the rupee, but exports must sustain its strength

Tax breaks and RBI measures may attract foreign funds and support the rupee, but lasting currency strength depends on exports, FDI and competitiveness

NHPC raises ₹2k crore at tight coupon of 7.67% through 15-year bonds

The state-run power company attracted bids worth Rs 8,700 crore for its 15-year bond issue amid strong demand for top-rated long-duration debt instruments

Strategists warn yields to stay high even if West Asia conflict ends

Strategists warn long-term bond yields may remain elevated even if war-driven inflation eases, citing debt burdens, AI spending and higher rate expectations

Warning signs from India's bond market and why they're miffed

Since the start of the West Asia crisis, 10Y sovereign yields have risen by more than 50 bps across several advanced and emerging markets, including Japan, UK, US, Canada, Italy, Spain and South Korea

RBI raises trading targets for dealers to improve bond market liquidity

The move underscores the RBI's push to deepen liquidity in sovereign debt, a priority that Governor Sanjay Malhotra highlighted this month

PNB Gilts up 20% on report India may cut bond taxes for foreign investors

PNB Gilts shares surged nearly 20% after reports suggested India may reduce taxes on bond investments by foreign investors to attract capital and support the rupee

RBI announces switch auction for Rs 30,000 crore government bonds

RBI said the switch operation will help the government spread redemption liabilities and reduce rollover risks by replacing short-term securities with longer-tenor bonds

NaBFID raises ₹4,000 crore through 10-year bonds at 7.74% yield

State-owned infrastructure financier successfully taps long-term bond market despite volatility, investor caution and uncertainty linked to the West Asia crisis

RBI retains bond structure, upgrades operations for savings bonds

Reserve Bank of India keeps bond structure intact but tightens rules with digital access, investor safeguards and stricter compliance norms

A political choice: India's stunted bond market beyond technical fixes

Developing a deep corporate bond market requires the political will to relinquish control over credit, not technical fixes

Nabard, REC withdraw ₹11,000 cr bond issuances after weak investor demand

NABARD and REC withdraw planned bond issuances worth Rs 11,000 crore after receiving limited bids at higher yields, reflecting cautious sentiment in the debt market

ECB volumes may grow 25-30% to $65 billion in FY27: Citibank executive

Prolonged geopolitical tensions could pose headwinds

Govt should amend SMC Bill to unify regulation of the corporate bond market

To facilitate retail participation in G-Secs, RBI came out in November 2021 with a scheme for direct retail participation in G-Secs through its own depository system and the NDS-OM trading platform

Vedanta to tap debt market for second time in FY25 with ₹30 bn bond sale

Last June, ​the company raised an aggregate of 50 billion rupees through a ‌combination of two-year papers, 30-month bonds and three-year bonds

14 states borrow ₹47,620 crore, 11% higher than borrowing calendar

Fourteen states raised ₹47,620 crore at weekly SDL auctions as yields softened marginally and spreads over gilts stayed stable

RBI Guv Malhotra signals lower rates for longer, trade deal growth boost

The RBI's MPC unanimously kept the repo rate unchanged at 5.25 per cent, retaining a neutral stance while signalling that future policy decisions will be guided by data from new GDP and CPI series

Fiscal policy planning: Why India needs a clearer medium-term plan

India's fiscal discipline has improved, but high debt, future spending pressures and bond-market constraints make deeper consolidation increasingly difficult