Reserve Bank of India's unexpected move to release ₹2.5 trillion ($29 billion) starting September may prompt lenders to favour shorter-tenor securities over longer-dated ones
The government will repurchase select 2026 and 2027 securities via an RBI auction to reduce liabilities and improve the fiscal and debt profile
Germany's parliament approved a massive plan to boost infrastructure and support a broader European defence spending push this week
Domestic lenders have raised a record Rs 89,200 crore ($10.26 billion) in this financial year, with some, including State Bank of India, likely to tap this route before the fiscal year ends
Capitalising on strong demand, Exim Bank managed to tighten the final price by 30 basis points from the initial price guidance to achieve pricing of UST10+100 basis points
The Indian rupee plunged against the US dollar on Friday, ending at a record low of 85.53, posting a slump of 0.3 per cent - the biggest for a single session in nearly seven months
Benchmark 10-year bond yield is likely to move between 6.81 per cent and 6.85 per cent till the completion of the auction, compared with its previous close of 6.8329 per cent
NHB received bids worth Rs 4,950 crore at a coupon of 7.16 per cent and Rs 4,310 crore at a coupon of 7.15 per cent
Investors now see an 83 per cent chance of a December rate cut, up from 59 per cent a day ago, and 70 per cent a week ago, according to the CME FedWatch tool
Sales in the fiscal year starting April 1, 2025, are likely to be higher on redemption of debt issued during the Covid years
The announcement comes just three months after India imposed controls on foreign ownership of some newly issued bonds with 14-year and 30-year tenors
The demand at the auction was better than in previous buyback auctions conducted by the RBI in the current financial year
The benchmark 10-year yield is likely to move between 6.84 per cent and 6.87 per cent
Catastrophe bonds, which are issued by insurers, reinsurers and governments seeking an extra layer of disaster coverage, have been handing investors double-digit returns
Traders will, however, watch out for minutes from the latest policy meetings of Fed and Reserve Bank of India
US Treasury yields nosedived on Friday after data showed the world's largest economy created fewer jobs than expected in July and the unemployment rate rose, boosting bets of aggressive rate cuts
The persistent purchases by foreign participants will reduce the pressure on local banks to absorb supply
The decision on exclusions from the FAR category is not based on any consideration of volatility
Earlier this month, the bank had raised Rs 1,000 cr via Basel III compliant tier II bonds maturing in 10 years at a coupon of 7.89 per cent
Central bank has designated class of bonds that can have full foreign ownership, JPMorgan Chase & Co. has included securities from this set of bonds into its emerging markets index that India joined