Bond Market

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

India to ensure record borrowing plan doesn't disrupt markets: Official

India's bond markets have been battered by hefty government borrowings, with investors expecting a record ₹30 trillion of federal and state government debt supply in the next fiscal

Budget 2026: Why India’s bond market is bracing for a supply stress test

As the Union Budget approaches, India’s bond market is bracing for its biggest supply challenge yet.

China's two-track currency strategy against sanctions has lessons for India

China is shifting from dollar rivalry to creating a parallel, sanction-proof financial system through RMB trade settlement, digital currencies and deeper integration with global capital markets

Pricing to remain key in largely stable corporate bond market in 2026

Elevated yields may push some companies to loan market

Power Finance Corporation, Sidbi scrap ₹11,500 crore bond issues

Despite a recent RBI rate cut, investor bids stayed above issuer expectations, forcing PFC and SIDBI to cancel planned bond raises amid rising yields and market volatility

Canara Bank to raise ₹3,500 crore via AT-1 bonds in FY's first issue

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