Page 31 - Bonds

Dhani Services to launch Rs 300 crore public issue of bonds on Tuesday

The non-convertible debenture (NCD) issue has a base size of Rs 150 crore with an option to retain oversubscription of up to Rs 150 crore

Corporate bond issuances fell as Covid-19 pandemic hit companies

Analysts says it's a learning experience, market expected to do better in 2022

RBI eased grip on bond and rupee in 2021, managing multiple objectives

Bonds would rally in both instances, and therefore, it could turn out to be a good year for Indian bonds

Govt approves 19th tranche of electoral bonds; sale opens on January 1

Electoral bonds have been pitched as an alternative to cash donations made to political parties

Manappuram Finance raises Rs 250 cr through bonds

Manappuram Finance on Thursday said it has raised Rs 250 crore by issuing bonds, and the amount will be utilised to pare its debt and shore up capital resources.

China injects most cash in 2 months; 10-year yields at lowest in 18 months

China's 10-year government bond yield fell two basis points to 2.795 per cent as of 4:40 pm in Shanghai

RBI devolves bonds in auction, dodges market demand for higher yields

Central bank signals that it is no longer willing to continue with its easy money policy

SBI Card raises Rs 650 crore through private placement of bonds

The stock was trading nearly flat at Rs 906 apiece on BSE

Canara Bank raises Rs 2,500 crore through Basel-III compliant bonds

Canara Bank on Friday said it has raised Rs 2,500 crore by issuing Basel-III compliant bonds to a total of 10 allottees.

Manappuram Finance plans to raise up to Rs 500 crore via bonds

A meeting of the company's Financial Resources and Management Committee of the Board of Directors will be held on December 24 to decide on the capital raise plan

Axis Bank announces will raise up to Rs 5,000 crore by issuing bonds

Axis Bank on Monday said it will raise up to Rs 5,000 crore by issuing bonds. In April this, the board of directors of Axis Bank had authorised it to borrow/raise funds in Indian currency/foreign currency by issue of debt instruments, perpetual debt instruments, AT 1 bonds, infrastructure bonds and Tier II capital bonds among others up to an amount of Rs 35,000 crore. "We now wish to inform you that the bank proposes to raise funds by issuing senior unsecured taxable redeemable non- convertible debentures of Rs 10 lakh each for cash at par with base issue size of Rs 2,000 crore and green-shoe option to retain over-subscription of Rs 3,000 crore thereby aggregating up to Rs 5,000 crore," Axis Bank said in a regulatory filing. Stock of Axis Bank traded at Rs 663.25 apiece on the BSE, down by 3.74 per cent from previous close.

Waller backs March Fed liftoff, Daly sees two or three 2022 hikes

Fed Chair Jerome Powell and his colleagues agreed on Wednesday to double the pace at which they wind down their bond-buying program, putting them on track to wrap it up by mid-March

IFCI gets shareholders' approval to raise up to Rs 1,000 cr via bonds

The fundraise through private placement was passed with requisite majority as over 99 per cent of the votes were cast in favour

ICICI Bank raises Rs 5,000 crore through 10-year bonds

Compared to private sector entities, public sector-owned firms are able to get 5-10 basis points finer rates

Lenders relieved as Vodafone Idea repays bondholders Rs 1,500 cr on time

Firm is now in the process of extinguishing bonds with the depositories; Next tranche of forex bonds worth Rs 1,055 cr are maturing on Dec 31, and another Indian currency bond matures Jan 4

Vodafone Idea manages to raise funds, will repay bonds on schedule

The company had also fixed the record date for the next tranche of 7.77% unsecured redeemable NCDs on December 20 and paid the interest on January 4 next year

IIFL Home to issue up to Rs 1,000 cr of retail bonds at 8.2-8.75% interest

The NCDs are rated AA by Crisil, and constitute the second of several tranches of retail bond issuance aggregating to Rs 5.000 cr

China's Kaisa struggles for relief from bond holders as default risk looms

Kaisa's proposal to delay the maturity of the bond comes against the backdrop of growing creditor concerns about its ability to meet their near-term offshore repayment obligations

Shorter-tenor bonds poised to extend losses amid hawkish RBI bets

Rates on notes with maturities of up to two years climbed in recent weeks as the central bank expanded its efforts to remove excess liquidity from the banking system

Gold Bond issue price fixed at Rs 4,791/gm; subscription opens Mon

The Sovereign Gold Bond Scheme 2021-22 - Series VIII will be open for subscription from November 29 December 03, 2021