₹27K cr debt haul this week; pipeline holds ₹13K cr for next week
Borrowers raised around ₹27,000 crore through corporate bonds this week as softer yields lowered costs, with another ₹13,000 crore scheduled next week
Indian firms are accelerating bond issuances as RBI measures to support the rupee drive borrowing costs lower and boost demand for corporate debt
This has pushed corporate borrowing costs lower by 40-45 basis points, per LSEG benchmark 'AAA'-rated corporate bond yields of up to five years, while the spread over government bonds has narrowed
Indian government bond yields dropped sharply in the last four days, with the benchmark 10-year yield falling 0.10 per cent, as Foreign Portfolio Investor (FPI) inflows picked up after the government's recent tax relief measures for debt investments. According to the data compiled by PTI, the 10-year benchmark bond yield eased to 6.911 per cent on Wednesday, from 7.024 per cent on June 3. Money market experts attributed the easing yields on government securities to heavy inflows of Rs 11,026.331 crore in the last four days by foreign investors in these securities under the Fully Accessible Route (FAR). FAR allows non-resident investors to invest in specified Government of India dated securities without any investment ceilings. Inflows by foreign investors started after the government on June 5 promulgated an ordinance amending the Income Tax Act to provide tax exemption on interest income and capital gains arising from the sale, exchange or transfer of government securities held by
The state-run power company attracted bids worth Rs 8,700 crore for its 15-year bond issue amid strong demand for top-rated long-duration debt instruments
Move aims to widen retail participation in bond investments
State-owned infrastructure financier successfully taps long-term bond market despite volatility, investor caution and uncertainty linked to the West Asia crisis
Brokerages turn to debt markets as RBI norms tighten bank funding, reshaping leverage and capital-raising strategies across India's trading ecosystem
Last June, the company raised an aggregate of 50 billion rupees through a combination of two-year papers, 30-month bonds and three-year bonds
For India to finance sustained growth, it must strengthen long-term capital markets as bond market currently is shallow, illiquid
Indian households have embraced equities, extending that confidence to debt markets "next frontier"
Shriram Finance expects fresh NCD pricing to fall 30-40 bps and slip below 8 per cent after its AAA upgrade, but it may delay fund-raising as MUFG's $4.4 billion capital is awaited
With headline inflation close to 2 per cent and a growth trajectory going south after Q2FY26, we expect interest rates to remain lower for longer, Irani said
NaBFID aims to raise $1 bn via ECBs and dollar bonds while Nabard eyes overseas fundraising by FY26-end as rising bond yields and global risks weigh on domestic mobilisation
Bond market investors are looking beyond short-term geopolitical noise, anchored by strong domestic fundamentals, surplus liquidity, rate cuts and a dovish RBI
Amid geopolitical tension and RBI's hawkish outlook, major Indian companies including ICICI Bank and APMDC are issuing bonds to raise over ₹10,000 crore
While the RBI's overall policy intent is clearly growth supportive, the shift to neutral stance has been a communication challenge, Radhakrishnan said
London-based Vedanta Resources Ltd (VRL) is targeting an investment grade credit rating on the back of its sustained deleveraging, the proposed demerger at its Indian subsidiary, Vedanta Ltd, and its robust growth, operational efficiencies and strong financial performance. VRL is committed to reducing its total debt from the current USD 5 billion to USD 3 billion by FY27 while strengthening its critical minerals, transition metals, energy and technology portfolio. A person aware of the matter said that VRL, at a recently held investor conferences in Hong Kong and Singapore, shared that the company is looking for an immediate credit rating upgrade to BB levels by proactively refinancing and prepaying its high-interest cost USD 550 million private credit facility due in August 2026. In the medium term, the company plans to achieve an investment grade rating on the back of its improved debt profile, financial and operational performance. Vedanta highlighted its robust earnings, health
Recur Club plans to invest Rs 2 crore on average in early and mid-stage startups, aiming to fund 1,000 firms in FY26 through its debt marketplace platform and network of 50+ lenders