Page 22 - Bonds

Bajaj Finance raises Rs 1,955 crore through medium term bonds

It raised Rs 760 crore of term money through five-year bonds at 7.9 per cent coupon. The base issue size was Rs 350 crore, with greenshoe option of Rs 1,750 crore, bond dealers said

Vedanta may issue NCDs; parent could raise $1 billion via stake sale

Vedanta informed the stock exchanges in a communication on Monday that a committee of directors would meet on April 13 to consider the issuance of NCDs on a private placement basis

HDFC Bank to raise up to Rs 50,000 crore through bonds in FY24

Previous largest bond raise was by SBI at over Rs 38,850 cr in FY23

State Bank of India to consider raising $2 billion via offshore bonds

The board will meet on April 18 to consider the fund raising

Monetary policy: Bond yields soften after RBI hits pause on rate hike

The 10 year g-sec yield is expected to be at 7.0 per cent as against 7.21 per cent currently by end March 2024

Rupee, bonds gain ahead of RBI's monetary policy review decision

The currency opened at 82.08 a dollar as against Monday's close of 82.33 due to weaker job data in the US and went on to touch 81.92 levels on corporate inflows

RBI to issue new 5-year bond on April 6, seeks to raise Rs 8,000 cr

The Central government has indicated that it wants to mobilise up to Rs 33,000 cr through auction of three securities maturing in 2028, 2033 and 2052

REC opens bids for dollar-denominated bonds with initial price guidance

The book-building process would go through the day, when the final coupon rate and quantum would be closed, merchant bankers said

Bond yields seen rising tracking oil prices; H1 borrowing plan weighs

The yield fell 14 basis points in March, its first monthly fall since November, but rose 48 bps in fiscal 2023, and recorded its third consecutive rise

Banks tier II bond issuance surges 3.5 times in FY23, shows data

The issuance of tier II as well as Tier I bonds was marked by increase in the coupon on instruments reflecting hardening of interest rates and tight liquidity

Spread between state, Centre bond yields to widen in FY24: Analysts

Citi expects states to borrow around 8.7 trillion rupees, and the crowding out is likely to prompt investors to demand higher returns for state bonds

Benchmark G-sec yields close lower at FY23 end vis-a-vis Dec 2022

Shields banks from adverse impact from bond portfolio

Centre clears 26th tranche of electoral bonds; sale from Monday

Karnataka will for polls on May 10. Votes, as per the Election Commission schedule, will be counted on May 13

Punjab National Bank board nod to raise Rs 12,000 cr in capital in FY24

It would raise capital by issuing AT-1 bonds upto Rs 7,000 crore and tier- II Bonds up to Rs 5,000 crore, in one or more tranches

Trickle of foreign inflows to bonds may not speed up in next FY: Analysts

Foreign investors have bought government bonds worth Rs 152.50 billion ($1.85 billion) on a net basis since November.

ReNew repays more than $1 billion to offshore bondholders in FY23

The company in a public statement said that over the past financial year, it had refinanced $525 million in the domestic markets ahead of the March 2024 maturity

Building urban India

Municipal bonds can play an enabling role

What are municipal bonds, and why do investors prefer them over corp bonds?

Municipal bonds are primarily issued to raise money for financing infrastructure projects like building parks, libraries, schools, police departments and community centres

G20 push: Over 30 big cities on list to tap municipal bond market

Surat, Vizag may issue bonds soon as Centre renews urban infra focus

Why debt funds may still score over bank FDs and bonds despite tax parity

Experts feel debt MFs will be more relevant in a falling interest scenario and work well for those who aren't sure about their investment horizon