Page 36 - Bonds
JSW Energy's hydro power arm to raise up to $750 million through bonds
The board also approved the appointment of Munesh Khanna as additional and independent director at JSW Energy
 "JSW Energy's hydro power arm to raise up to $750 million through bonds")
No dearth of liquidity, but RBI sees little demand for govt bonds
Indian govt bonds are the "good stuff" and must sell. It's the only way tax-strapped authorities can raise money and spend it to shake the economy out of its Covid-19 stupor
 "No dearth of liquidity, but RBI sees little demand for govt bonds")
India to face key test for risky bank bond as Sebi lowers investment cap
The Securities & Exchange Board of India this month announced rules which restrict mutual funds' holdings of perpetual Additional Tier 1 and Tier 2 notes to 5% of net assets for a single issuer
 "India to face key test for risky bank bond as Sebi lowers investment cap")
First negative-yield quote causes flutter in India's sovereign bond market
While there's a total $13.30 trillion of negative-yielding assets in the world, the phenomenon had been unheard of in an emerging market like India where the benchmark 10-year note trades at above 6%
Perpetual bonds and why they are in news: All you need to know
Business Standard's Samie Modak explains in detail why perpetual bonds are in news. Listen to the podcast
 "Perpetual bonds and why they are in news: All you need to know")
SBI Cards gets board approval to raise up to Rs 2,000 cr via bonds
The company said it will raise the money in one or more tranches over a period of time
 "SBI Cards gets board approval to raise up to Rs 2,000 cr via bonds")
Rupee appreciates 25 paise amid rising FPIs, declining bond yields
Currently, rupee is trading at 72.66 per dollar, against the previous close of 72.91 per dollar
 "Rupee appreciates 25 paise amid rising FPIs, declining bond yields")
Equities far outperform bonds in the ultra-long run, says study
In the Indian context, equity returns are even more favourable.
 "Equities far outperform bonds in the ultra-long run, says study")
Primary dealers rescue RBI's bond auction for the sixth time this year
Primary dealers bought Rs 19,400 cr of debt, equal to about 60% of the Rs 31,000 cr the govt offered at the weekly auction, RBI said in a statement Friday
 "Primary dealers rescue RBI's bond auction for the sixth time this year")
Indian shares slip on bond yield worries; energy stocks, oil rise
"Chances of foreign investors pulling out some money from emerging markets like India have strengthened as U.S. bond yield increases," said Gaurav Garg, head of research at CapitalVia Global Research
Global bond rout puts Bank of Japan's yield curve control in spotlight
Some central banks are warming to YCC as they hunt for ways to reflate growth with dwindling policy ammunition
 "Global bond rout puts Bank of Japan's yield curve control in spotlight")
Wall Street retreats, stocks edge down as investors hit pause, watch bonds
The subdued performance of the three major Wall Street indices followed a flat close in Europe and slipping shares in Asia
 "Wall Street retreats, stocks edge down as investors hit pause, watch bonds")
Vedanta Resources raises $1.2 bn ahead of open offer for Indian listed unit
The bond offering saw strong investor interest
 "Vedanta Resources raises $1.2 bn ahead of open offer for Indian listed unit")
Indian rupee, bonds weaken tracking US treasuries; more falls likely
India's central bank governor told investors on Wednesday to trust the bank to manage the government's massive borrowing programme
 "Indian rupee, bonds weaken tracking US treasuries; more falls likely")
IIFL Finance to open public issue of bonds next week to raise Rs 1,000 cr
The firm said it will launch a public issue of bonds next week to raise up to Rs 1,000 crore to augment its capital base
 "IIFL Finance to open public issue of bonds next week to raise Rs 1,000 cr")
Asian Development Bank sells $2 billion 10-year global benchmark bond
Proceeds will be part of ADB's ordinary capital resources
 "Asian Development Bank sells $2 billion 10-year global benchmark bond")
Bharti Airtel raises $1.25 bn through issue of dual tranche $ bond offering
Airtel has priced $750 million of senior 10.25-year bonds at a yield after adding 187.5 basis points (bps) over the US Treasury, for an implied coupon of 3.25 per cent
 "Bharti Airtel raises $1.25 bn through issue of dual tranche $ bond offering")
Indian corporate bond market can double March 2025 : Crisil
The supply of corporate bonds in the domestic market is expected to double by fiscal 2025 with the financial sector contributing around 50 per cent to this growth, Crisil said
 "Indian corporate bond market can double March 2025 : Crisil")
RBI chief asks markets for trust, as bonds suffer post-budget sell-off
The benchmark 10-year bond yield, at 6.17%, was up 22 basis points since its low last week
 "RBI chief asks markets for trust, as bonds suffer post-budget sell-off")
State-run REC raises $500 million through issuance of notes
The firm has raised the money through issuance of notes (bonds) under its $7 billion Global Medium Term Note Programme which would be used to finance the power sector
 "State-run REC raises $500 million through issuance of notes")