The dip was also due to low demand for investment, as capacity utilisation remained stagnant in the Indian economy
According to him, interest rates will go down further, but banks must pass them on to companies.
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The 10-year bond yields closed at 6.38 per cent
The fund has added two new names - Adani Ports & Special Economic Zone and Britannia Industries - show the fund's latest disclosures
The spread between the 10-year AAA-rated corporate and equivalent maturity government bonds have fallen to 108 bps
Sebi has also suggested that NBFCs create charge on the identified assets for every bond issue
Inflows into corporate bonds dropped to Rs 5,359 crore from Rs 6,717 crore
In her second Budget presentation, the finance minister said certain government securities will be open for foreign investors
Companies have sold a record $2.44 trillion so far this year across currencies, surpassing previous full-year records
From economists cutting their projection of the GDP expansion for 2019-20 to the govt considering more sops and benefits to push electric mobility, here are the top business headlines for Wednesday
FPIs have been complaining about restrictions on investments put on debt issuance, but the government removed those in September, as rupee was depreciating
The development comes close on the heels of broader moves to better supervise corporate bond pricing
Yatin Shah, co-founder and executive director of IIFL Wealth Management Ltd., expects the spreads to correct within 4-6 months as the "bit of panic" settles down
For companies rated AA+, the spread has widened to as high as 180 basis points for dated bonds, which should be a matter of concern
The supply of corporate bonds could rise to Rs 55-60 trillion by the end of 2022-23 from around Rs 27.4 trillion at the end of 2017-18
234 firms to drive incremental issuances of this amount over next five fiscals; move covers 444 companies, is aimed at reducing load on banking system, deepening liquidity in corp bond market
In the corporate bond market so far, transactions take place on a bi-lateral basis but a trust factor is still lacking
The auction quota gives overseas investors the right to invest in debt up to the stipulated limit
The stock exchange had witnessed trades amounting to Rs 10.5 trillion in 2016, when it represented over 80% of the corporate bond transactions