Page 20 - Bond Market

Centre looks to EPFO, LIC, PSBs to raise funds through power bonds

PFC, REC will first issue bonds based on initial demand from states

Last rate cut for now but there're more bullets in RBI's chamber

Following this, the reverse repo rate, or the rate at which the banks perk extra liquidity with the RBI, was reduced to 3.35 per cent from 3.75 per cent - both at their historic lows.

Borrowing limit raised, but states won't rush to make use of the chance

Only eight states will qualify for the extra borrowing, as they have to meet stiff conditions on ease of doing business.

Govt to switch Rs 30,000 crore of bonds for longer tenure securities

Such switches happen to enable the government repay the loans at a later date to ease the strain on the exchequer in the immediate term.

Indian firms getting downgraded like never before; credit markets at risk

Ratings have been cut for 847 companies

Yields jump 20 bps on borrowing target hike, banks stem free fall

The government had surprised everyone with a revised borrowing programme of Rs 12 trillion, against Rs 7.88 trillion originally planned

Govt hikes borrowing limit by over 50% to Rs 12 trn as virus grips economy

Sources say the Centre has asked RBI to do whatever to keep yields in check, which may result in massive secondary market bond purchases

Debt investors feel the pinch after Franklin fiasco highlights risks

Existing investors need to scrutinise portfolios carefully, new ones should take expert help

RIL bonds advance after Mukesh Ambani hastens debt-reduction plan

The conglomerate's 3.667% bonds due 2027 rose 0.4 cents on the dollar to 100.28 as of 9:10 am IST, the highest level since March 13

In a locked-down world, investment bankers ensuring the show goes on

Billion-dollar deals aplenty for right business

Mutual funds likely to get Sebi lifeline to tide over liquidity woes

Market regulator likely to relax 20% cap on MF borrowing

Equity, bond categories see inflows in Q1 amid Covid-19 outbreak: Refinitiv

Equity gained the highest net inflow of $5.34 billion, while bond and money market funds posted net inflow of $2.55 billion and $4.11 billion, respectively

Bond market disappointed with borrowing plan of Centre, states

Dealers say the huge supply is a concern at a time when volumes have thinned because of Covid

Corporate bonds get Rs 1-trn relief as coronavirus ignites large sell-offs

The RBI governor, in his video-streamed speech, said the central bank was taking this route as the COVID-19 pandemic has ignited large sell-offs in asset classes

Bond market freezes amid coronavirus scare; traders working from home

The benchmark 10-year bond saw trading volume of Rs 1,325 crore, and was the most traded one

Liquid schemes see marginal drop in net asset values as yields spike

Yields spike amid FII selling in short-term bond market

ED seizes Rajiv Gandhi painting; many of YES Bank's big loans under scanner

The Enforcement Directorate has widened its probe in the YES Bank case, taking it beyond loans given to DHFL; it is now looking at the bank's books to see if the Kapoor family received kickbacks

YES Bank fallout: RBI move casts shadow on Rs 1-trillion AT-1 bond market

Forcing bondholders to take 100 per cent haircut on the bank's AT-1 bonds would lead to losses to the tune of Rs 10,800 crore, estimates Acuite Ratings

Second tranche of Bharat Bond ETF to hit market this quarter: FM Sitharaman

Bond ETF was a part of government's effort to deepen bond market

Exim Bank hits global bond markets with $1-bn issue for current fiscal

EXIM Bank confirmed that it is in the market but did not divulge specific details about the issues