Page 18 - Bond Market

Govt move to buy investment grade debt securities positive step: Experts

The government's proposal to create a permanent institutional framework to buy investment grade debt securities is a very positive step for debt mutual funds, experts said on Monday.

Budget is a bold gambit with focus on growth without any increase in taxes

With the economy likely to grow at a nominal growth of between 15-16 per cent, the tax revenue increase of 16.7 per cent appears fairly achievable

Budget 2021: Govt's bank privatisation plan, bond market reaction, and more

In this podcast, we discussed the key announcements made by the finance minister about bank privatisation, asset reconstruction company and how bond market seeing the budget, why yields are rising

Bank of India raises Rs 750 crore through bond issuance

The bank has raised Rs 750 crore by issuing Basel III compliant bonds

Global green bond issuance hit new record high last year at $269.5 billion

Green bonds are a growing category of fixed-income securities that raise capital for projects with environmental benefits

Indian borrowers begin 2021 on a high, sell bonds worth $2.1 billion

They are joining borrowers globally that have been rushing to credit markets, after yields crashed following cash-boosting measures

Exim Bank hits international bond market with $1 billion issue

The Exim Bank is in the international bond market with an over $1 billion dollar money issue, merchant bankers have said

Traders see liquidity tightening in India to drive bond playbook in 2021

There's growing consensus among traders that the RBI will have to start draining excess cash from the banking system, as abundant liquidity crashed short-term rates and threatened to stoke inflation

Govt shells out Rs 22,087 cr as interest towards recap bonds for banks

Under this mechanism, the government issues recapitalisation bonds to a public sector bank which needs capital. The said bank subscribe to the paper against which the government receives the money

Preserve financial stability

Higher inflation tolerance will increase risks

Sustainable investing: How ESG bonds are raising concern among investors

Japanese real estate firm Hulic Co. recently joined a handful of borrowers worldwide in selling so-called sustainability-linked bonds, but the market's reception has been underwhelming

Forget economy, bond market is happy with liquidity infusion by RBI

Central bank keeping yields soft through OMOs, outright bond purchases; coming out of this won't be easy, say experts

RBI to extend trading hours to 3:30 pm from 2 pm starting November 9

Move follows graded roll-back of lockdown and easing of curbs on movement; restoration of trading hours to be done in phases

Robust legal framework key for development of surety bonds market: IRDAI

An IRDAI working group has made a case for a robust legislation and ecosystem keeping in view the best international practices for promoting development of the surety bonds markets in the country.

As Modi govt revises borrowing plan, yields on 5-year bonds move upwards

Bond dealers not very alarmed as this brings to an end the uncertainty on state and government GST compensation drama for now

Modi govt's enhanced market borrowing plan may roil the bond market

The pandemic has ravaged revenues of both the federal and state governments and pushed the economy toward the worst contraction on record

Bond market cheers as RBI accepts full Rs 20,000 cr in first outright OMO

The central bank received bids for Rs 1,13,654 crore, or over 5x the Rs 20,000 crore amount on offer

RBI governor urges bond market to cooperate, announces outright OMO support

While not exactly announcing an OMO calendar for secondary-market bond purchases, the OMO size has been doubled to Rs 20,000 crore in each operation

Centre keeps borrowing programme unaltered at Rs 4.34 trillion in H2

To borrow Rs 4.34 trillion in 16 weekly tranches till Jan-end for the second half of the financial year

Bond traders in India brace for likely borrowing hike to Rs 6 trillion

The additional borrowing could take full-year issuance to a new high of 13 trillion rupees from the current 12 trillion rupees target, according to Bloomberg calculations