Page 6 - Bonds Market
Govt bonds and immediate annuity plans: 2 options for retirement income
The first offers a guaranteed rate of return for long; the other secures income for the rest of your life
 "Govt bonds and immediate annuity plans: 2 options for retirement income")
State Bank of India may sell Rs 4,000 crore tier-2 bond next week
Canara Bank raised Rs 2,000 crore worth of AT1 bonds at a rate of 7.99 per cent, taking its total issuance of such bonds so far in the year to Rs 4,000 crore
 "State Bank of India may sell Rs 4,000 crore tier-2 bond next week")
Goldman bets on Indian bond-swap spreads tightening, recommends 5-yr bonds
Goldman Sachs is recommending a spread trade in Indian debt markets that will help investors cash in on bullishness in the bond market
 "Goldman bets on Indian bond-swap spreads tightening, recommends 5-yr bonds")
FRAs back in vogue, help insurers in fixed rate of interest for payouts
Forward Rate Agreements enables insurers lock in a fixed rate of interest rate for a future pay out
 "FRAs back in vogue, help insurers in fixed rate of interest for payouts")
Buy & hold debt funds as central banks begin rate hikes: Vivriti AMC CIO
Performing Credits are the structural opportunity, which are undiscovered and yield a high risk-adjusted return amid rising interest rates
 "Buy & hold debt funds as central banks begin rate hikes: Vivriti AMC CIO")
PSB recap bonds fair valuing to dent Tier-1 capital up to 1.75%: Ind-Ra
The rating agency said it understands that the five recipient PSBs may need to value zero-interest bonds at fair value instead of par value
 "PSB recap bonds fair valuing to dent Tier-1 capital up to 1.75%: Ind-Ra")
JSW Infra raises $400 million via seven-year green bonds at 4.95%
Will use proceeds to repay existing debt of the Company and its subsidiaries, and as permitted by RBI under ECB Guidelines
 "JSW Infra raises $400 million via seven-year green bonds at 4.95%")
JSW Infra raises $400 mn in maiden bond issue from international investors
Sajjan Jindal-led JSW Group's port development arm on Friday announced a USD 400 million fundraise through a bond issue from international investors.
Bank of Baroda to raise up to Rs 3,000 crore via Basel III bonds
Shares of Bank of Baroda were trading at Rs 99.30 apiece on BSE, up 1.85 per cent from previous close
 "Bank of Baroda to raise up to Rs 3,000 crore via Basel III bonds")
Rupee, bonds continue to fall despite Moody's outlook revision to stable
The government and the RBI have been engaging with global bond index providers such as Bloomberg, JP Morgan and FTSE for inclusion of government bonds
 "Rupee, bonds continue to fall despite Moody's outlook revision to stable")
US bond tapering impact may hurt India, Indonesia less than other nations
Bonds from the two countries are already leading gains in emerging Asia this quarter, offering 3%-5% returns to dollar-based investors
 "US bond tapering impact may hurt India, Indonesia less than other nations")
'Natural' for global bond yields to rise from here, say strategists
"The Fed and markets are pretty close on when the first hike will be. It's the pace of hikes" where there is room for markets to close the gap, said Arjun Vij, portfolio manager of J.P. Morgan Asset
 "'Natural' for global bond yields to rise from here, say strategists")
India bonds likely to gain as govt refrains from adding to borrowing plan
The administration will adhere to its plan to borrow 12.05 trillion rupees ($163 billion) in the year through March, the finance ministry said in a statement Monday
 "India bonds likely to gain as govt refrains from adding to borrowing plan")
HDFC plans Rs 6,000 crore bond issue to shore up long-term resources
The bids for subscription will open on September 29, 2021, and close on the same day
 "HDFC plans Rs 6,000 crore bond issue to shore up long-term resources")
JSW Steel raises $1 bn through bonds issuance in overseas market
JSW Steel on Thursday said it has raised USD 1 billion through issuance of Sustainability Linked Bonds (SLBs) in the overseas market.
 "JSW Steel raises $1 bn through bonds issuance in overseas market")
Power giant NTPC to raise Rs 3,000 crore via bonds on September 13
State-run power giant NTPC on Thursday said the company has decided to raise Rs 3,000 crore through issuance of bonds on a private placement basis on September 13.
 "Power giant NTPC to raise Rs 3,000 crore via bonds on September 13")
Indiabulls Housing Finance to launch Rs 1,000-cr public issue of bonds
The issue is to be launched next week
 "Indiabulls Housing Finance to launch Rs 1,000-cr public issue of bonds")
Evergrande contagion fear returns as bonds tumble below 30 cents
Investors in China's $12 trillion bond market have become fixated on Evergrande as they weigh the ramifications of a potential default by the world's most indebted developer.
 "Evergrande contagion fear returns as bonds tumble below 30 cents")
Markets could consolidate at current levels: Harshad Patil, Tata AIA Life
The consensus earnings for the current fiscal (FY22) are projected to grow by an outsized 35-40 per cent on the back of a relatively weak earnings profile in the previous year, he said
 "Markets could consolidate at current levels: Harshad Patil, Tata AIA Life")
Bonds rally after RBI guv indicates accommodative policies will continue
"Any hasty withdrawal of monetary policy support will negate the nascent or incipient recovery that is taking place," RBI Governor Shaktikanta Das told Business Standard in an interview
 "Bonds rally after RBI guv indicates accommodative policies will continue")