Page 39 - Bonds

State Bank of India plans to raise up to $1.5 bn via overseas bonds in FY21

The lemder raise funds from global markets on a regular basis for lending operations and to repay financial instruments maturing during the year

AT1 bonds are risky but back on investor radar after YES Bank episode

AT1 bonds are hybrid instruments and pay a slightly higher rate of interest compared to similar non-perpetual bonds.

Reserve Bank makes $21-billion cut to US treasury holdings in March

Central bank does huge OMO silently to control domestic bond yields

Govt to switch Rs 30,000 crore of bonds for longer tenure securities

Such switches happen to enable the government repay the loans at a later date to ease the strain on the exchequer in the immediate term.

Slowdown blues: Incremental credit flow drops 64% to Rs 6.04 trn in FY20

Economic slowdown hits activity, adding fuel to the fire

Covid-19: Apple issues cheapest bonds in years to fund buy-backs, dividends

The technology company raised $8.5 billion by selling four different bonds with maturities ranging from three years to 30 years

RBI to buy and sell Rs 10,000 cr in bonds to manage its balance sheet

According to the latest available figures, the Reserve Bank of India had about Rs 9 trillion worth of bonds on its books

Govt likely to face shortfall of Rs 10 trn due to coronavirus: Subhash Garg

Elaborating on the fiscal situation, the former finance secretary said that indirect taxes, GST, excise duty on petroleum products and customs will under-perform

Will market recover? Indian stocks lose premium to bonds amid global crisis

The 25% tumble in the index has meant that stocks currently offer an earnings yield of about 5.25%, compared with the domestic benchmark 10-year yield of about 6.50%

PNB looks to tap market in Q3FY21; may raise capital via FPO, rights issue

The government provided Rs 16,091 crore to PNB and Rs 1,666 crore to United Bank of India in September for enhancing the capital base of these two lenders

Writedown of YES Bank's additional AT-I bonds will result in risk aversion

According to ICRA's estimates, Rs 93,669 crore of AT-I bonds are outstanding as of now

YES Bank fallout: Retirees stare at a gaping hole in their savings

Investors include armed force veterans, govt employees, IT sector staff

Adani Electricity Mumbai concludes $1-billion bond issuance

The bonds were subscribed by investors from across the globe

Power Finance Corporation's $750-million bonds gets over-subscribed

First government company to issue bonds with more than 10 years tenure

A record Rs 5.9 trillion bond bill is looming over Indian companies

While there are tentative signs of recovery in certain areas of the shadow bank sector, a funding squeeze has kept borrowing costs high

Shriram Transport to issue second tranche of bonds, raise up to Rs 1,000 cr

The base size of the issue is Rs 200 crore with an option to retain oversubscription aggregating up to Rs 1,000 crore

PNB raises Rs 1,500 cr via bonds, funds to be used for business expansion

The lender has issued 15,000 redeemable Basel III compliant Tier II bonds in the nature of debenture of Rs 10 lakh each, it said

Piramal Enterprises to raise Rs 2,750 cr via bonds in multiple tranches

Piramal Enterprises said the money can be raised in one or more tranches from time to time.

Govt to retain over-subscription in both offerings of Bharat Bond ETF

Both three-year and ten-year series received bids in excess of the base issue size

RBI's 'Operation Twist' promise drags down long-term yields sharply

If the central bank made it a one-off exercise, then the yields should climb back, the bond dealers said