Page 6 - Bonds

Maharashtra launches e-bond system for import-export, replaces paper bonds

In a move aimed at simplifying trade and boosting business efficiency, the Maharashtra government on Friday introduced a new 'e-bond' system for import and export transactions, replacing the traditional paper stamp bonds. With the adoption of the e-bond system, Maharashtra has become the 16th state in the country to do so, Revenue Minister Chandrashekhar Bawankule said in a statement. The decision would simplify procedures and accelerate trade operations, marking an important step in modernising the state's economy, he said. "Currently, 3,000 to 4,000 bonds are issued every month for import-export operations, amounting to over 40,000 annually. The introduction of e-bonds will bring a major transformation. Though it may appear small, this is a turning point for Maharashtra's economy," he said. The e-bond system is expected to make obtaining trade bonds faster and simpler, eliminate the need for Rs 500 stamp papers, promote environmental conservation, and enhance transparency in ...

Govt bond yields soften as RBI signals scope for further rate cuts

Government bond yields fell six basis points as RBI governor Sanjay Malhotra signalled space for further easing of 25-30 basis points, boosting gilts market sentiment

India to sell new 10-year government bond on October 3 to raise $3.6 bn

The current benchmark 6.33 per cent 2035 bond has an outstanding of 1.8 trillion rupees

How to use festive bonus to build long-term financial security

The 50:50 split is highly effective for those navigating competing responsibilities: supporting children, managing loans, and caring for elders, while dreaming of vacations and legacy.

New Development Bank plans first rupee-denominated bond by March-end

NDB, which has previously raised funds in Chinese yuan and South African rand, is in advanced stages of discussions with the Indian central bank for its debut rupee issuance, the sources said

India to cut long-term bond issuance as demand from insurers wanes

The move may spur a rally in longer-tenor bonds, following calls from market participants for the government to reduce issuance of these securities

Adani Group plans leverage cut, sees no dollar bond issue until 2027

The group's next foreign currency bond sale will likely be a dollar bond, said group Chief Financial Officer Jugeshinder Singh

Govt may raise interest subvention cap beyond ₹26 cr to promote muni bonds

In a bid to promote issuance of municipal bonds, the government is considering a proposal to hike interest subvention from the present Rs 26 crore per urban local body (ULB). Considering immense scope for expansion of municipal bond markets in a bid to develop world class urban infrastructure, there is a need to increase the ceiling of interest subvention from existing Rs 26 crore per urban local body, sources said. The interest subvention is provided to municipal bodies under Atal Mission for Rejuvenation and Urban Transformation (AMRUT) to make such municipal bonds or muni bonds more attractive. The Rs 26 crore is the maximum interest subvention an ULB can receive from the Ministry of Housing and Urban Affairs (MoHUA) for issuing municipal bonds. The central government has extended the facility of 2 per cent interest subvention on such bond issues in order to incentivise this market and facilitate participation of more civic bodies. This interest subvention is on the total size of

Bloomberg seeks investor feedback on adding Indian bonds to global index

India currently has 41 securities under the fully accessible route (FAR), valued at $502 billion, with no foreign investment limits

Muthoot Finance raises $600 mn via ECB, completes $2 bn GMTN target

Muthoot Finance has raised $600 million via ECB, marking the final tranche under its $2 billion GMTN programme, with funds earmarked for lending expansion across India

Australia's ANZ to pay $160 mn over bond deal, customer violations

The penalties are a troubling milestone for Australia's fourth-largest bank, which last week announced 3,500 job cuts as new CEO Nuno Matos looks to improve profitability

Banks may turn to domestic bond market in H2FY26 for Tier-II bonds

After a lackluster first half in FY2026, banks are likely to turn to fresh Tier-II bonds to strengthen their capital base and to replace earlier issuances raised at a higher coupon rate

Alibaba to raise $3.2 bn via convertible bonds to fuel cloud, global push

The notes will mature in Sept 2032 via private sale to non-US investors; notes carry no interest but can be converted into US-listed shares, cash or a mix

Six states raise ₹14,900 cr in bond auction; Nagaland rejects bids

Six states borrowed Rs 14,900 crore at the weekly auction while Nagaland did not accept bids for its 10-year bond as long-term state bond yields fell sharply this week

IndiaBonds, Upstox join hands to offer bond investments to retail investors

IndiaBonds, a Sebi-registered broker and licensed online bond platform provider, on Tuesday said it has entered into a strategic alliance with Upstox to enable retail investors to avail a wide range of bond investments on the brokerage platform. Bonds are a fixed-income investment instrument offering regular, passive returns to investors looking for stability and steady growth in their portfolios. Through this integration, Upstox's over 1.3 crore retail investors can now access IndiaBonds' offerings on its platform, boosting retail participation in Indian bond markets. All transactions will be executed on IndiaBonds in compliance with Sebi's Online Bond Platform Providers norms and regulatory framework. Vishal Goenka, Co-Founder of IndiaBonds.com, said, "This is a very exciting collaboration which will open access to our wide range of 100+ Bonds for Upstox's large customer base. With this seamless tech integration, Upstox's customers who seek fixed-income investments for diverse ass

Limited room to buy bonds issued by states: India's biggest banks to RBI

Banks' reduced buying of state bonds could strain India's state governments, which have completed only about 26% of their planned borrowing this fiscal year

European bonds face volatility as Dutch pension reform nears €2 trn mark

The Dutch central bank warned earlier this year of a risk to financial stability, and the complexity of the underlying mechanics means it's hard to get a grasp on the extent of any disruption

Indian bond yields surge as traders seek RBI intervention amid buyer strike

Alongside fiscal concerns, pension funds and insurers have shunned bonds in favour of equities, while large banks have slowed purchases amid mark-to-market losses on existing bond holdings

After a 4-month record in FY26, corporate bond issuances slow down in Aug

Market participants said that the bond market is currently in a wait-and-watch mode due to multiple uncertainties amid supply pressures from state bonds and central government bonds

Trump invested over $100 mn in bonds since taking office, disclosures show

Trump's bond investments also extend to a wide range of municipal projects across numerous US states, including New York, Florida, and Texas, Al Jazeera reported