Page 3 - Bonds Market

Indian govt bond yields remain unchanged as traders eye debt supply

Traders were also cautious after the 10-year US yield moved off its recent lows, but continued to remain around the 4.35 per cent mark.

China issues first batch of 30-year stimulus bonds at yield of 2.57%

The bid-to-cover ratio for the first tranche of the special bonds was 3.91 times, suggesting solid demand for such bonds

Government announces fresh buy back of bonds despite lukewarm response

The central bank said it would buy back Rs 60,000 crore worth of securities, maturing this financial year, on May 21

Indian bond yields to decline as treasury yields drop post inflation data

Inflation accelerated in the first quarter on strong domestic demand after moderating for much of last year

India bond yields likely to ease tracking US peers, eyes on debt auction

The US Treasury yields slipped on Thursday ahead of inflation reports that are pivotal for the Federal Reserve's higher-for-longer rate strategy

RBI announces 8% interest on Floating Rate Bond 2034: All you need to know

The Government of India is issuing a special type of bond called a Floating Rate Bond (FRB) that matures in 2034.

Corporate bond market booms: Record high mobilization despite tax changes

India's corporate bond market has witnessed a phenomenal year, recording an all-time high of Rs 9,97,804 crore (approximately $1.2 trillion) mobilized through private placements in fiscal 2024.

Adani group offers first $409 million bond since Hindenburg crisis

Hindenburg levied accusations of fraud and stock manipulation in a report in early 2023

State govt bonds to yield better returns under new investment regime

Under the new norms, banks must categorise bonds as "held-to-maturity" on a permanent basis, with the exception of 5 per cent of the portfolio that can be withdrawn throughout the year

Adani Green Energy to raise $409 million via US dollar-denominated bonds

Since then, most of the group's foreign bonds are back above the levels they traded at before the Hindenburg report, giving the company comfort to look at a fresh issue of dollar bonds

Foreign investors back India bonds over pricey stocks in tactical bet

For bulls who powered the massive rally, the tactical trade at the moment is to move into the bonds, whose appeal has been further burnished by the nation's improving finances

Fragile-five days long gone as funds pile Into India, Indonesia: Report

The original 'Fragile Five' which also included Turkey, South Africa and Brazil referred to nations perceived to be most at risk due to their heavy reliance on foreign investment to drive growth

Indian investors favour long-term bonds anticipating conservative budget

Recent bond auctions saw bids that surpassed expectations, said Alok Singh, group treasury head at CSB Bank

Hedge funds bring in record profits betting on 'catastrophe' bonds

Behind those record returns were bold bets on catastrophe bonds and other insurance-linked securities

Fitch assigns 'BB(EXP)' rating to Shriram Finance's proposed US bonds issue

Global rating agency Fitch on Monday assigned the 'BB(EXP)' rating to Shriram Finance Limited's proposed US dollar-denominated senior secured bonds. 'BB(EXP)' rating reflects that an issuer has some risk of default but is still a safer investment compared to others. The final rating is subject to the receipt of final documentation conforming to information already received, Fitch Ratings said in a statement. Shriram Finance will issue the proposed bonds in the international market under the Reserve Bank of India's external commercial borrowing framework. The company will issue proposed bonds under the USD 3.5 billion global medium-term-note programme, which was updated on December 29, 2023. The proposed bonds will carry a fixed-rate coupon payable semi-annually and secured by a fixed charge over specified accounts receivable in line with the company's domestic secured bonds.

State-run banks look to equity fundraising as perpetual bonds lose sheen

"This move has literally ended mutual fund investments in such papers, making fundraising more difficult," a trader with a private bank said

Adani Ports to tap bond market for first time in more than two years

Both of Adani Ports's bonds have an issue size of 2.5 billion rupees. The company will offer a coupon of 8.70% on the bonds maturing in five years and an 8.80% coupon on the bonds maturing in 10 years

SBI likely to issue perpetual bonds to wrap up FY borrowing: Report

Merchant bankers said the lender may have to pay a higher coupon as they are looking to raise a larger quantum this time

Vedanta Resources prioritising private credit facility, says S&P Global

Analysts with S&P on the call noted that the liability management exercise is not as straightforward as seen in this region or globally

Bank of Baroda to raise up to Rs 2,500 cr via Basel III compliant bonds

Public sector lender Bank of Baroda on Friday said it plans to raise up to Rs 2,500 crore by issuing Basel III compliant bonds. The 'Capital Raising Committee' has approved a proposal to raise tranche I of Basel III compliant Tier II bonds with a base issue size of Rs 1,000 crore with a green-shoe option to retain oversubscription of up to Rs 1,500 crore, it said in a BSE filing. Under Basel-III capital regulations, banks globally need to improve and strengthen their capital planning processes. The bank's shares were trading at Rs 219.20 apiece on BSE, down 0.36 per cent over the previous close. The stock had touched a 52-week high of Rs 224.30 on Thursday.