Page 5 - Corporate Bonds

Must improve trade data integrity in corporate bonds: RBI Deputy Governor

"While we can discuss the reasons for this trend, it is clear that the corporate bond market largely meets the needs of highly rated corporates," he said

Credit's rout is so severe that double-digit losses are the norm

Investors have now lost 10.1 per cent this year on euro high-grade corporate bonds, Bloomberg debt indexes show

Startup firms let Indian retail investors buy corporate debt at $130

The new start ups are seeking to reassure investors they are doing all they can to protect their clients

Fund raising via debt placement hits 6-year low at Rs 5.88 trn in FY22

Fund raising by listed companies through private placement of corporate bonds plunged to a six-year low in 2021-22 to Rs 5.88 trn

Equities to remain attractive bet in FY23: Srinivas Rao Ravuri, PGIM India

Despite record outflows of Rs 1.42 trillion in fiscal 2021-22 (FY22), PGIM India MF sees India as an attractive destination for foreign investors considering the long-term structural growth story.

HDFC raises Rs 10,000 crore through debentures at 7.18%

Given the high standing of the company, the pricing was fine at 7.18 per cent, said bond dealers, adding that initial indication was 7.25-7.30 per cent on the yield.

Mumbai airport hires banks for sale of dollar-denominated bonds: Report

Mumbai International Airport has hired a group of banks to arrange a sale of US dollar-denominated bonds to refinance existing debt and for capital expenditure, a bank document showed on Monday.

RBI proposes adding corporate bonds in banks' HTM category

An investment in the HTM category doesn't require to be valued at the current market price

PMS to undertake 10% transactions in corp bonds via RFQ platform: Sebi

Sebi on Thursday said PMS will have to undertake at least 10 per cent of their transactions through the request for quote platform.

JM Financial floats digital investment platform for corporate bonds

Aims to create an ecosystem whereby retail investors can easily participate in the securities market that has so far been dominated by institutional investors

Bank of Baroda to raise up to Rs 3,000 crore via Basel III bonds

Shares of Bank of Baroda were trading at Rs 99.30 apiece on BSE, up 1.85 per cent from previous close

State-owned Canara Bank raises Rs 1,500 crore through bonds

Stock of Canara Bank closed 1.71 per cent up at Rs 201.95 on BSE.

Sebi proposes capping ISINs for corporate bonds to enhance liquidity

With an aim to boost liquidity in the corporate bond market, Sebi on Friday suggested further capping the number of ISINs for such bonds issued on a private placement basis

HDFC Bank raises Rs 5,000 crore through bond issue

A total of 50,000 bonds have been issued with face value of Rs 10 lakh each.

HDFC plans Rs 6,000 crore bond issue to shore up long-term resources

The bids for subscription will open on September 29, 2021, and close on the same day

Reliance Infrastructure to raise Rs 750 crore through bond issue

Reliance Infrastructure in a BSE filing also said that Sandeep Khosla has been appointed as Chief Financial Officer (CFO) of the company.

Centre working on 'backstop facility' to deepen the bond market

Anand Mohan Bajaj said the government is considering a backstop facility which would also be available during non-stress times

Govt working on setting up backstop facility for corporate bond mkt

In a bid to deepen the corporate bond market, the government is working on setting up a 'backstop facility' as announced in the Budget, a senior government official said on Friday.

Corporate bond spreads widen 30-35 basis points in July over G-Sec

Corporate bonds are driven mainly by two factors - domestic liquidity and foreign portfolio flow

Corporate bond credit spreads widen as investors shun risk

The spread on the ICE BofA US High Yield Index, a commonly used benchmark for the junk bond market, spiked from 318 basis points on Friday to 344 basis points as of the last update late Monday