SBI plans to raise funds through five-year dollar bonds, with the final issue size hinging on its ability to compress the initial pricing guidance
REC plans ₹7,000 crore issue on Friday; NABARD next week
The government accepted Rs 12,604 crore of bids in the buyback auction as part of its strategy to retire short-dated securities and smooth the redemption profile
RBI Deputy Governor Rohit Jain says India must deepen bond, forex and derivatives markets, as bank financing alone cannot support the investment needed for Viksit Bharat
The size of the offering could increase depending on investor demand, according to people familiar with the matter, who cautioned that no final decision has been made
As per report, Indian economy is entering phase that will require significantly higher levels of long-term capital, but existing debt market is not capable of efficiently meeting those financing needs
Share of instruments that faced such action rose to almost a five-year high in May
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
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
Bloomberg's review of its flagship global index is scheduled for mid-June this year
Tax breaks and RBI measures may attract foreign funds and support the rupee, but lasting currency strength depends on exports, FDI and competitiveness
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 long-term bond yields may remain elevated even if war-driven inflation eases, citing debt burdens, AI spending and higher rate expectations
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
The move underscores the RBI's push to deepen liquidity in sovereign debt, a priority that Governor Sanjay Malhotra highlighted this month
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 said the switch operation will help the government spread redemption liabilities and reduce rollover risks by replacing short-term securities with longer-tenor bonds
State-owned infrastructure financier successfully taps long-term bond market despite volatility, investor caution and uncertainty linked to the West Asia crisis
Reserve Bank of India keeps bond structure intact but tightens rules with digital access, investor safeguards and stricter compliance norms
Developing a deep corporate bond market requires the political will to relinquish control over credit, not technical fixes