Union Bank of India on Thursday said it has accepted bids to raise up to Rs 1,150 crore by issuing Basel III-compliant bonds.
Company has 'reverted back to asking investors to be cautious' after second wave, says senior executive.
Under this, it has provided an updated list of data fields to be maintained in the database along with the manner of filing the same, Sebi said in a circular
Rising Covid-19 cases force reassessment among investors who had hoped that less-severe curbs.
The fund manager, Anupam Joshi, has over 12 years of experience and has been managing it since October 2015
Experts say there could be further outflows from the bond market if US bond yields head towards the 2-per-cent mark.
Check if you need to invest in the asset class to which the bond belongs, then see if the bond has the right risk-return profile
The new fund will be set up as an alternative investment fund
Rates offered at par or lower than RBI's repo rate
Revised norms to treat all perpetual bonds as 100-year tenor to be withdrawn
Besides redemption pressure in debt market, it will make fund raising difficult for PSBs
Corporate bonds saw the biggest outflow in about two years after the government last month announced a bigger-than-expected borrowing plan in its budget, triggering a spike in yields
The bond offering saw strong investor interest
The firm said it will launch a public issue of bonds next week to raise up to Rs 1,000 crore to augment its capital base
"Unification of government bond and corporate bond markets is an idea whose time has come," Tyagi said while speaking at CRISIL's 6th bond market seminar
Unification of government bond and corporate bond markets will enable the trading of such securities on the same platform, said Sebi chairman Ajay Tyagi
The supply of corporate bonds in the domestic market is expected to double by fiscal 2025 with the financial sector contributing around 50 per cent to this growth, Crisil said
The company said it is contemplating listing of the Notes on the Singapore Stock Exchange, subject to market conditions
State-owned Canara Bank on Tuesday said it has raised Rs 120 crore by issuing Basel III compliant bonds
Dealers say unless retail investors are attracted, nothing much can happen in the space