Page 11 - Bond Markets

Franklin Templeton crisis: Short-term bond market is in deep trouble

The decision has been prompted by lack of liquidity in the high-yield market, as well as heavy redemption pressures that are affecting all debt funds

Cash-starved and desperate, states borrow at steep rate in lockdown

According to the schedule, 19 states had lined up to borrow up to Rs 37,500 crore, but they managed to raise Rs 32,560 crore.

Is bond market welcoming back corporates? Wrong conclusion, say experts

The spread between the 10-year AAA-rated corporate and equivalent maturity government bonds have fallen to 108 bps

Worst week since 2008 global financial crisis as global indices nosedive

The velocity of the fall in stocks has been sharp across markets in Asia, Europe, and America

Muthoot Finance raises $550 mn at 4.4% from international bond markets

Second bond issue from the firm after it placed $450 mn for 3-year tenor at 6.13% in Oct 2019

Budget 2020: Markets brace for Rs 8-trillion gross borrowing in FY21

Bond traders say the market wouldn't be perturbed if the government is not able to keep the fiscal glide path in mind and overshoots its targets by 0.5 percentage points

Stung by record defaults, China vows for more transparent bond handling

Improving the mechanism of handling bond defaults will be essential to prevent and resolve financial risks, and it must be done in a way that is market based

Rise in defaults could make things even worse for India, China in 2020

Defaults in China will likely rise in both the onshore and offshore bond markets next year amid a tightening in funding

Global bond market looks to Modi with promise to finance India's growth

China's phased entry into several key bond gauges this year provides India with a template that could be shaped to its needs

Govt must reduce reliance on bond mkts, undertake divestment: Ex RBI Dy Gov

Acharya also emphasised that the time is "really ripe" for land, labour and agricultural reforms in India.

Bond vigilantes worry too much: Veteran banker shrugs off fiscal concerns

Gautam, a banker for nearly thirty-five years, is counting on Prime Minister Narendra Modi's administration's past fiscal-track record

FM's tax cuts: Prospects of higher govt borrowings spook bond market

10-year yield rises to 6.82% at 12:35 p.m. from yesterday's close of 6.64%; rupee gains 34 paise to trade at 70.98 a dollar

A rupee strategy

Having hard-currency assets overseas can be fruitful if the rupee falls

The multitrillion-dollar black hole engulfing the world's bond markets

Brexit will keep driving investors into the safest assets, meaning demand will remain high for negative-yielding debt

Bond market rallies after FM proposal to float govt securities overseas

The administration also set the budget deficit target for the fiscal year at 3.3% of gross domestic product

Bond and currency markets differ on where interest rates are headed

While the bond market is relatively conservative about their interest rate expectations, the currency market seems to be projecting that interest rates should be much sharper

Signs of a maturing bond market

The bond market has been stress-tested, and is seeing structural strengthening

Biggest bond holders ditch government paper in India for state debt

The strategy is offering lenders extra returns

After IL&FS crisis, suspicion running deep in bond dealers' minds

Barring a few, not many are willing to invest in this liquidity-deficit market

Bond market awaits signals to go dovish

The 10-year yields closed at 7.85 per cent on Friday. It is a rather sharp move up from the 6.5 per cent level in August, when the Reserve Bank of India (RBI) cut its policy repo rate.