Page 2 - Bond Market

Adani Group plans leverage cut, sees no dollar bond issue until 2027

The group's next foreign currency bond sale will likely be a dollar bond, said group Chief Financial Officer Jugeshinder Singh

Govt may raise interest subvention cap beyond ₹26 cr to promote muni bonds

In a bid to promote issuance of municipal bonds, the government is considering a proposal to hike interest subvention from the present Rs 26 crore per urban local body (ULB). Considering immense scope for expansion of municipal bond markets in a bid to develop world class urban infrastructure, there is a need to increase the ceiling of interest subvention from existing Rs 26 crore per urban local body, sources said. The interest subvention is provided to municipal bodies under Atal Mission for Rejuvenation and Urban Transformation (AMRUT) to make such municipal bonds or muni bonds more attractive. The Rs 26 crore is the maximum interest subvention an ULB can receive from the Ministry of Housing and Urban Affairs (MoHUA) for issuing municipal bonds. The central government has extended the facility of 2 per cent interest subvention on such bond issues in order to incentivise this market and facilitate participation of more civic bodies. This interest subvention is on the total size of

Global long-dated bond selloff continues as gold prices hit record high

The 30-year Japanese government bond (JGB) yield hit an unprecedented 3.255% on Wednesday morning, following a run-up in similarly dated UK gilts and U.S. Treasuries on Tuesday

Govt bonds recover all losses on short covering; SDL yields surge

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

After a 4-month record in FY26, corporate bond issuances slow down in Aug

Market participants said that the bond market is currently in a wait-and-watch mode due to multiple uncertainties amid supply pressures from state bonds and central government bonds

Bond yields jump 10 bps on GST cut proposal, wipe out rating upgrade gains

The 10-year bond yield rose 10 basis points to 6.50 per cent on fiscal worries over GST cuts, reversing gains from S&P's sovereign rating upgrade earlier last week

Treasury bills: Use SIP to smooth rate volatility, invest steadily

Investors with regular income, short-term goals, and a strong need for capital preservation may go for T-Bills

Rally in long bonds nears end as key drivers weaken, says Axis AMC

Axis AMC warns that the rally in long-duration bonds may be over amid weak demand-supply dynamics, policy shifts, and reduced scope for aggressive rate cuts

GMR Airports finalises terms for largest bond issue worth ₹6,000 crore

It will also raise around ₹4,200 crore through the sale of three-year bonds, with large foreign lenders set to absorb this supply

India's 3rd largest airport operator eyes Oct close for over $500 mn bond

BIAL will raise the funds through its second tranche at a similar rate as the first transaction

EM debt hedge funds eye safeguards as world-beating rally blooms

After a banner first half of the year, hedge funds targeting EM debt have returned nearly 13 per cent on an annual basis

Corporate bonds gain favour as government securities' yields remain steady

Yield spreads widen as investors move to short-tenure corporate bonds; AA-rated issuers tap market amid low G-Sec supply and abundant banking system liquidity

Only seasoned investors should venture into corporate bonds rated below AA

Diversify and ladder the bonds in your portfolio to further mitigate risks

States, UTs may borrow ₹2.87 trn via govt securities in Q2, says RBI

Bond market participants said that the borrowing amount for both state government securities and T-bills was tad lower than the expected

ICICI Bank raises ₹1,000 cr via Tier-II bonds at 7.45% amid demand

The lender's first Tier-II bond issue in FY26 drew strong investor interest, allowing tight pricing despite rate volatility; bonds have 15-year maturity with 10-year call

Five-year G-sec yield spikes 22 bps in 3 days on VRRR auction fears

Bond market spooked by fears of potential VRRR auction as 5-year G-sec sees steepest 3-day spike in yields since 2022, amid uncertainty on RBI's liquidity stance

Indian bonds unlikely to attract incremental flows: SBI MF's Radhakrishnan

While the RBI's overall policy intent is clearly growth supportive, the shift to neutral stance has been a communication challenge, Radhakrishnan said

Zero-coupon bonds struggle to retain investor demand amid mkt trend shifts

Monetary-policy easing, an abundant liquidity infusion, and a cut in the cash reserve ratio (CRR) cut by the Reserve Bank of India (RBI) in the recent monetary policy review weighed on bond yields

PFC withdraws zero-coupon bonds issuance due to weak investor demand

PFC shelves bond issue for the second time in weeks as investors demand higher yields, citing losses on REC's earlier ZCB issue and shifting bond market dynamics

Bond market sees highest volatility in 3 years on RBI policy surprises

Bond yields swung sharply after RBI's 50 bps rate cut, neutral stance, and CRR changes surprised investors, marking the most volatile day in nearly three years