Bonds

Alphabet issues rare $11 billion 100-year bond to fund AI: What it means

Alphabet has raised over $11 billion through global bond sales, including a rare 100-year bond, as it ramps up spending on artificial intelligence and long-term technology investments

14 states borrow ₹47,620 crore, 11% higher than borrowing calendar

Fourteen states raised ₹47,620 crore at weekly SDL auctions as yields softened marginally and spreads over gilts stayed stable

RBI's voluntary retention route move removes parallel limits for FPIs

The RBI has removed the Rs 2.5 trillion cap under the Voluntary Retention Route and merged it with the General Route, easing exit constraints and simplifying compliance for foreign bond investors

Gold financier Muthoot Finance raises $600 million via overseas bond issue

Gold financier Muthoot Finance raised $600 million through a senior secured bond issue under its $4 billion Global Medium Term Note programme

Govt's FY27 borrowing plan pushes up yields higher; rupee gains

The higher-than-expected borrowing could mean weekly gross supply at Rs 37,000 crore, up from Rs 31,000 crore, assuming 47 auctions during the year, Nomura said in a report

Union Budget 2026-27: Virtual retro tax overshadows many positives

On the taxation front, while details are awaited, one proposal stands out: Exempting global (non-India-sourced) income of a non-resident expert for five years in India

Budget 2026-27: Govt bond market may face ₹30.5 trillion supply test

Budget 2026-27 faces a ₹30.5 trillion bond supply as higher state borrowing adds pressure, likely keeping government bond yields elevated despite easing inflation

Zero-coupon bonds: For investors targeting specific, long-term goals

These bonds could prove risky for investors who might need to exit early

RBI moves to inject over $23 bn of liquidity into banking system

RBI announced over $23 billion in liquidity measures via repos, FX swaps and bond buys to ease banking system stress amid rising yields and rupee pressure

Government bond yields rise to 10-month high tracking US Treasury yields

India's benchmark 10-year government bond yield rose to a 10-month high of 6.68% amid rising US Treasury yields, while markets await cues from the state bond auction

Trump's proposed credit card interest cap would hit $70 bn market for debt

Credit card debt has already declined as a share of the overall ABS market, making up 9 per cent of total issuance compared with 36 per cent at its peak in 2009, according to data from Morgan Stanley

PFC plans to raise up to ₹5,000 crore through public issue of NCDs

Power Finance Corporation plans to raise up to ₹5,000 crore via a public NCD issue, offering up to 7.30% returns and targeting retail investors

Rupee faces NDF pressure as bonds watch demand-supply before quarter-end

Beyond the immediate cues, stalled India-US trade talks and ​foreign portfolio outflows continue to weigh on the rupee despite RBI intervention

PFC withdraws planned bond issuance for third time in FY26 as bids spike

PFC had earlier withdrawn a ₹3,000-crore, three-year bond issuance, and ₹3500 crore, 15-year bond issuance on November 25 and December 10 respectively due to elevated corporate bond yields

AIF lift beckons: Domestic institutions can unlock next level of growth

AIF lift beckons Domestic institutions key to unlocking next level of growth for the industry and, thereby, the economy

IRFC scraps ₹5,000 cr 10-year zero-coupon bonds issue as cut-off rises

Sources said the state-owned institution was looking to raise funds at a similar level but investors wanted a higher cut-off. As a result, it decided to scrap the issuance

RBI urges cost cuts; PFC–Sidbi scrap bond issues; insurance premiums surge in November & more

RBI Governor Sanjay Malhotra has urged bank CEOs to reduce intermediation costs and improve operational efficiency, citing the 125-bps rate cuts since February.

Canara Bank raises ₹3.5K cr via AT1 bonds; Bharati Telecom raises ₹8.5k cr

Canara Bank has raised ₹3,500 cr through its first at1 bond issue of FY26, while Bharti telecom secured ₹8,500 cr via short-tenor bonds to refinance upcoming maturities amid rising bank bond activity

State-run firms taper debt fundraise on rate-cut hopes ahead of MPC meet

₹14,735 cr raised against ₹24,800 cr plan as PFC, Nabard pull short-term bonds

Banks, state firms plan $3.5 bn in bond sales before GDP data, MPC meet

India's GDP data for the July-September quarter is scheduled for Friday and the monetary policy decision will follow on December 5