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
FPIs bid for $1.4 billion
Sebi wants the e-platform to be mandatory for issuance over Rs 50 cr, against Rs 500 cr earlier
Bond market is developing because the govt has yielded a lot of space to the bonds
NSE represented the largest share in corporate bond trading at 81% during the first 10 mths of FY17
Since these bonds are issued by companies, the subject fell in the purview of market regulator to take a final call
Overall capital raised through private placement of debt securities has reached Rs 2.43 lakh crore in the current financial year
Investors lapped up shares of rating agencies on Friday's trade
Year-on-year, the trading value in April was 13.3 per cent lower than Rs 94,058.6 crore last year