It's time the RBI allowed the rupee to appreciate, says an SBI Research report
State-owned Union Bank of India on Tuesday said it will raise up to Rs 1,000 crore from bonds to fund business growth.
As the yield curve is very steep, Bhatia expects returns in the near-term to be driven by demand-supply of bonds rather than prospects of change in repo rates
Here's a selection of Business Standard opinion pieces for the day
May have given primary dealers a way to square off positions, shows data
To cater to requirements of bond markets, leading stock exchange NSE on Monday launched the new version of Request for Quote (RFQ) platform.
EMs may struggle in the short term on the back of rising geopolitical developments, say Jan Lambregts and Hugo Erken
Bond market participants were disappointed because the central bank in the past has refused to sell 10-year bonds at rates the market wanted the RBI to pay
The initial trigger for the spurt in the bond yields was the MPC decision to hold the rates, citing the spike in the inflation print on August 6
Under the mechanism, the apex bank buys long-term bonds and sells short-term bonds. This cools down long-term yields, raises short-term yields, but keeps liquidity neutral
The nervousness in the bond markets on account of higher inflation, larger supply of bonds in H2 and absence of RBI OMOs so far is evident
So far this fiscal, RBI has bought about Rs 1.14 trn of bonds from the secondary market, most of them unannounced
The EU currently has around 54 billion euros in outstanding debt, having borrowed nothing last year and just 5 billion euros in 2018
The unprecedented increase will see total global corporate debt jump by 12% to around $9.3 trillion
Seven Indian states are due to sell at least Rs 90 billion worth of debt later in the day with a greenshoe option to retain an additional 30 Rs billion
A steep yield curve has been followed by a bull run in equities on a couple of occasions in the past
According to estimates, the industry has over Rs 40,000 crore of exposure to unlisted debt papers
While an official rule allows only 10% staff in office on any working day, trading typically requires dealer presence on the floor. And banking is an essential service
JLR bonds trading at record yield of 13.2%, more than double since the pandemic broke out
MF distributors fear investors could start to withdraw their investments in large quantum from debt schemes, following Franklin Templeton's move