Page 36 - Bonds

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

Star Union Dai-ichi Life Insurance raises maiden 10-year bond at 7.75%

The spread between the 10-year sovereign bond yields and the coupon offered by the insurance firm works out to around to about 140 basis points

Indian bonds, rupee take US inflation scare relatively easy

Bond yields were little changed as RBI assured ample liquidity conditions without trying to control the yields

Fed rolls out bond-buying 'taper,' holds to 'transitory' inflation belief

Even in announcing a $15 bn monthly cut to its $120 bn in monthly purchases of Treasuries and mortgage-backed securities, the Fed did not signal when it may begin next phase of policy 'normalisation'

IndusInd Bank raises Rs 2,800 crore debt capital through bonds

IndusInd Bank stock traded at Rs 1150.50 apiece on BSE, down 2.12 per cent from previous close.

Another Chinese property developer is sinking as junk bonds sell off

Kaisa Group Holdings Ltd. shares plunged a record 18% in Hong Kong after two credit assessors downgraded the Shenzhen-based developer

India's inclusion in global bond index may lure $25 bn inflows: JPMorgan

Actual inclusion will depend on domestic and international developments: JPMorgan

India's first 'Skill Impact Bond' launched, fund to benefit 50,000 youth

The National Skill Development Corporation (NSDC) on Tuesday launched the first-of-its-kind and the largest 'Impact Bond' for skilling in India in collaboration with global partners, involving a USD 14.4 million fund which will benefit 50,000 youth by making them employment ready. Along with the NSDC, the global coalition comprises of HRH Prince Charles's British Asian Trust, the Michael & Susan Dell Foundation (MSDF), The Children's Investment Fund Foundation (CIFF), HSBC India, JSW Foundation and Dubai Cares, with FCDO (UK Government) & USAID as technical partners. "The Skill Impact Bond (SIB) is also the first impact bond involving public, private partners and a public private partnership organisation, NSDC," a statement said. CIFF, HSBC India, JSW Foundation and Dubai Cares support the outcome fund. NSDC and MSDF are the risk investors that have committed USD 4 million to provide upfront working capital to the service providers to implement the programme for the lifetime ..

Chinese property bonds firm after Kaisa and Sunac make coupon payments

Chinese property bonds remained firm on Tuesday after the two major developers made coupon payments

SBI raises Rs 6,000 crore by issuing Basel III compliant bonds

The country's largest lender SBI on Monday said it has raised Rs 6,000 crore by issuing Basel III compliant bonds

Gift a financial instrument and watch its value grow over the years

Keep in mind that gifts of above Rs 50,000 from non-relatives are taxable in the recipient's hands, except during a wedding

Fed lays out plan to reduce bond purchases, flags inflation worries

Policymakers discuss plan for 'gradual' cut in bond-buying

IIFL Finance bonds issue to close early on October 8 due to strong demand

IIFL Finance will use the capital for business growth and capital augmentation

'AA'-rated NCDs: Risky to focus just on returns, say analysts

Limit exposure to 5-15% of debt portfolio, avoid investing for very long tenures

Sembcorp launches sustainability-linked bond, raises S$675 mn for Asian mkt

The company said net proceeds from the SLB will be used for the purposes of financing the general corporate working capital requirements of Sembcorp and its subsidiaries

REC gets shareholder nod to raise up to Rs 85,000 cr via bonds, debentures

State-owned REC has got shareholders' approval to raise up to Rs 85,000 crore through issuance of non-convertible bonds or debentures. "All resolutions as set out in the Notice of 52nd AGM of the company have been duly approved & passed by the shareholders with requisite majority," a BSE filing said on Monday. The funds would be raised on private placement basis in one or more tranches, according to the notice for 52nd Annual General Meeting (AGM) held on September 24, 2021. "It is proposed to pass a special resolution to enable the company to raise funds through private placement of unsecured/secured non-convertible bonds/debentures up to Rs 85,000 crore, during a period of one year (from September 23, 2022)," the notice had said. Further, it had said the amount planned to be raised shall be within the overall revised borrowing limit, being proposed for approval by the shareholders. The company had also proposed alteration to Objects Clause of Memorandum of Association of the ...

Evergrande bondholders don't expect coupon payment on Thursday: Report

Evergrande is due to pay $83.5 million in interest on a $2 billion offshore bond on Thursday and also has a $47.5 million dollar-bond interest payment next week.

Bank of India to raise up to Rs 1,800 cr in capital via tier-II bonds

Crisil upgrades rating for Tier-I bonds to "AA" reflecting the lender's improved capital ratios and greater ability to make future coupon payments