Page 2 - Debt Market

Power Finance Corporation shelves bond issuance plan amid lacklustre demand

PFC received 59 bids worth ₹5,763.51 crore for the zero-coupon bond, maturing in 2035

Room for RBI to respond to global growth drag: Bandhan AMC's Choudhary

The weakening of the dollar reflects some unwinding of the so-called 'US exceptionalism' theme, which had attracted disproportionately large allocations to dollar assets over the years

FPIs sell ₹10,234 cr in debt mkt in April as yield spread hits 20-year low

This was the highest monthly outflow since April 2024, when foreign investors had net sold ₹11,218 crore

India moves to deepen junk debt market by allowing bad loan securitisation

Reserve Bank of India (RBI) said last week it would now permit market-determined securitisation of stressed assets, besides those loans where repayments were on track

Sebi proposes key changes for EBP, RFQ platforms to strengthen debt market

The regulator has proposed making EBP mandatory for all private placement issues of issue sizes over ₹20 crore, down from the present threshold of ₹50 crore

Fundraising by India Inc through bonds go past Rs 1 trillion in February

Despite rising yields, firms rush to raise funds, pushing FY25 issuances to a new record

FPIs exit domestic debt market as bond yield gap with US shrinks

Foreign investors were net sellers of FAR securities in October and November, driven by lower-than-expected growth in the second quarter of the current financial year

Indian companies make a beeline to raise funds from debt capital market

According to a dealer at a state-owned bank, some of the AAA-rated issuers who tapped the market today were expecting to raise funds at the levels they normally raise

Green shoots: FPIs back in droves in Dec, fuelling equity and debt rally

November's decline in FAR securities inflows was influenced by the rise in US yields, the dollar's strengthening, and the "Trump trade"

Saudi Aramco raises $3 billion from bonds in second debt sale since July

The world's top oil exporter raised $6 billion from a three-tranche bond sale in July

India's private debt market to top $18 bn in 2024 as economy grows: Report

Country is leader in Asia Pacific for private debt, says investment data company

Global borrowing blitz led by blue chips selling $43 bn in bonds, loans

Bond yields on global investment-grade corporate debt averaged 4.52 per cent as of Tuesday's close, near their lowest level in about two years

Long-term projects should be funded through debt market: Sanjiv Bajaj

Banks are ill suited to fund long term projects as there is a mismatch between assets and liabilities, he said

Rothschild to boost its ECM, debt businesses in India as deals heat up

The expansion plans at Rothschild follow a surge of initial public offerings in the Indian stock market

Markets have started to price in a higher recession probability: Anurag Mittal, UTI MF

Mittal expects the RBI to cut rates up to 75 bps in the next 6-12 months. Given the sticky domestic inflation, he sees BOJ gradually tighten the monetary policy

Funds eyeing India's sovereign debt mkt risk being tripped up by red tape

Foreigners are eagerly buying bonds before they're added to JPMorgan Chase & Co.'s main emerging market debt index from Friday

JPMorgan's inclusion of Indian bonds into index to aid private credit mkt

Once the change takes effect on June 28, it will be easier to compare the performance of an Indian credit fund with an investment in Singapore, Korea or the US, said the head of BPEA Credit

Sri Lanka fails to strike agreement on restructuring terms with bondholders

Sri Lanka plunged into its worst financial crisis since independence from the British in 1948 after its foreign exchange reserves ran to catastrophic lows in early 2022

HDFC Bank raises Rs 2,910 cr via infrastructure bonds for funding projects

The issue size was Rs 1,000 crore with a green shoe option of Rs 2,000 crore, debt market sources said. These bonds carry an "AAA" rating from CRISIL

Will cooperate fully with Sebi in probe into debt issue: JM Financial

JM Financial Ltd has said it would fully cooperate with capital market regulator Sebi in its investigation into the public issue of debt securities. The statement came after Sebi barred JM Financial from accepting new mandates to act as a lead manager for the public issue of debt securities, for flouting regulatory norms. However, JM Financial can continue to act as a lead manager for the public issue of debt securities for a period of 60 days in case of existing mandates, Sebi said in its interim order on Thursday. Further, the regulator will undertake an investigation into these issues, to be completed within six months. Following the order, JM Financial in a filing to the stock exchanges said, "The company shall fully cooperate with Sebi in this investigation". The Sebi's directive came days after the Reserve Bank barred JM Financial Products Ltd from providing any form of financing against shares and debentures, including sanction and disbursal of loans against initial public