Corporate Bonds

Corporate borrowers raise ₹16K cr via bonds; momentum to continue

NABARD, IIFCL and leading NBFCs raised ₹15,960 crore through corporate bonds as improving borrowing conditions and RBI measures boosted issuer confidence

June revival helps corporate bond issuances hit third-highest Q1 since FY20

Corporate bond fundraising rebounded in June, helping India Inc raise ₹2.37 trillion in Q1FY27, the third-highest April-June total since FY20 despite a 34% YoY decline

Sebi sets up expert panel to review debenture trustee regulatory framework

The panel, chaired by former Sebi whole-time member Ananta Barua, will review the regulatory framework, net-worth requirements and measures to strengthen debenture trustees' role

PFC-REC merger may reduce overlapping bond issuances, improve efficiency

Market participants expect the merger to improve treasury efficiency and pricing discipline, while the combined entity continues to tap bond markets for funding

Vedanta forays into real estate sector to unlock value from surplus land

Vedanta Ltd on Wednesday said it has incorporated a wholly-owned company Vedanta Property Platforms Ltd (VPPL) to foray into real estate sector. VPPL will serve as a strategic vehicle for Vedanta's real estate business and related activities. The move is aimed at monetising surplus land and non-core property assets and creating a dedicated structure for potential joint ventures and asset-light initiatives to fund expansion in its core metals and energy businesses. In a filing to BSE, the company said VPPL was incorporated in Mumbai, Maharashtra, on June 22. The subsidiary will serve as a strategic platform for undertaking real estate business and ancillary activities. It has an authorised capital of Rs 1 lakh, comprising 1 lakh equity shares of Rs 1 each. Its subscribed capital also stands at Rs 1 lakh. Vedanta has subscribed to 100 per cent of the equity share capital of the company through a cash consideration of Rs 1 lakh, making VPPL a wholly-owned arm. As the company has bee

Corporate bond issuances may top ₹1 trillion in June as yields soften

A decline in yields, strong investor appetite for high-rated debt and an active issuance pipeline have boosted corporate bond fundraising activity this month

₹40K cr rush: Companies lock in easing bond yields through debt sales

₹27K cr debt haul this week; pipeline holds ₹13K cr for next week

Corporate bond market revives with ₹27,000-crore issuances this week

Borrowers raised around ₹27,000 crore through corporate bonds this week as softer yields lowered costs, with another ₹13,000 crore scheduled next week

India sees $3 billion debt rush on yield slump after RBI measures

Indian firms are accelerating bond issuances as RBI measures to support the rupee drive borrowing costs lower and boost demand for corporate debt

Indian firms rush to raise $3 bn debt as RBI steps cut borrowing costs

This has pushed corporate borrowing costs lower by 40-45 basis points, per LSEG benchmark 'AAA'-rated corporate bond yields of up to five years, while the spread over government bonds has narrowed

Bajaj Housing, Aditya Birla Housing raise ₹2,767 crore through debt issues

Aditya Birla Housing and Bajaj Housing Finance raised ₹2,767 crore through bond issuances as top-rated HFCs return to fixed-coupon borrowing

India corporate bond sales seen slowing as borrowing rates hit 7-year high

LSEG benchmark ​yields on AAA-rated corporate bonds in the two- to five-year maturity bucket ‌rose above 8 per cent last week, the highest since January-March 2019, the data showed

Corporate bond issuances hit 3-year low in Apr-May amid West Asia war

In April-May of FY27, Indian firms raised Rs 1.07 trillion, compared to Rs 2.53 trillion in the same period last year

Sebi explores tokenisation of corporate bonds for faster settlements

Regulator also plans bond ETFs, derivatives on corporate bond indices

NHPC raises ₹2k crore at tight coupon of 7.67% through 15-year bonds

The state-run power company attracted bids worth Rs 8,700 crore for its 15-year bond issue amid strong demand for top-rated long-duration debt instruments

Rising yields, inflation to keep FY27 corporate bond issuances subdued

Corporate bond issuances likely to remain subdued in FY27 as elevated yields, inflation risks and liquidity conditions weigh on fundraising activity and investor appetite

A political choice: India's stunted bond market beyond technical fixes

Developing a deep corporate bond market requires the political will to relinquish control over credit, not technical fixes

Govt should amend SMC Bill to unify regulation of the corporate bond market

To facilitate retail participation in G-Secs, RBI came out in November 2021 with a scheme for direct retail participation in G-Secs through its own depository system and the NDS-OM trading platform

Corporate bond funds: Overlook recent outflows, invest with 3-5-yr horizon

The outflows were due to liquidity tightness and consequent rise in yields, not due to a deterioration in the category's risk-return profile

Nabfid withdraws 3-year bond sale as bid yields exceed expectations

NaBFID withdrew its maiden three-year bond issue after investors sought higher yields amid hardening G-sec rates and geopolitical tensions that dampened market sentiment and pricing