The bids for subscription will open on September 29, 2021, and close on the same day
Reliance Infrastructure in a BSE filing also said that Sandeep Khosla has been appointed as Chief Financial Officer (CFO) of the company.
Anand Mohan Bajaj said the government is considering a backstop facility which would also be available during non-stress times
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 bonds are driven mainly by two factors - domestic liquidity and foreign portfolio flow
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
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Revised norms to treat all perpetual bonds as 100-year tenor to be withdrawn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