Page 5 - Debt Market

We see rupee devaluing as exports become priority: JM Financial's Manglunia

Manglunia tells Puneet Wadhwa that based on risk appetite, there is a lot of value in select names in 'AA' category and below, which offer excellent carry even in the face of threat of rising rates

Dynamic asset allocation gains currency in choppy equity, debt markets

Such funds alternate between debt and equity depending on market conditions

SC upholds validity of Franklin e-vote, paves way for wind up of 6 schemes

Authorises SBI Funds Management to take next steps on monetisation

Allow insurance, pension funds to invest in lower-rated debt: SBI chief

Dinesh Kumar Khara says this is needed to ensure money flows into infrastructure, as is the case across the globe

Aramco plans debt market comeback with multi-tranche bond deal

The announcement comes as Gulf issuers show no sign of slowing this year's blitz on international debt markets as they seek to plug finances hit by weaker oil prices and the coronavirus crisis

Nifty50 ETFs' assets base crosses Rs 1 trn, asset under management Rs 2 trn

Also, the total assets under management (AUM) of the ETF (equity and debt) have reached Rs 2 trillion, the NSE said in a statement

FPIs remain net buyers in first week of August; pump in Rs 8,327 crore

The corporate fundamentals have been improving over the quarter and making many bluechip companies attractive for FPI investors

Declining long-term market funding for NBFCs a concern, says RBI

It has the potential to heighten the liquidity risks the sector is already facing after the IL&FS debacle, FSR said

India's medium term fiscal outlook key for rating action: Thomas Rookmaaker

Fitch Ratings expect India's economic activity to contract by 5% in FY21 due to the strict lockdown measures imposed, before rebounding by 9.5% in FY22

Signals from the debt market: Staying invested in equities is important

A steep yield curve has been followed by a bull run in equities on a couple of occasions in the past

Tata Sons may dip into overseas debt markets to meet fund requirements

The size of the international fund offering has not been decided as yet and it is one of the options on the table, said a banker close to the development

Indian firms getting downgraded like never before; credit markets at risk

Ratings have been cut for 847 companies

Return money to investors as soon as possible: Sebi to Franklin Templeton

Over Rs 25,000 crore ($3.3 billion) worth of investments belonging to 300,000 investors are currently stuck in the six debt schemes wound up by the fund house

Microfinance institutions on a knife-edge with collections taking a big hit

With collections taking a big hit, microfinance institutions will be put through the wringer, reports Raghu Mohan

Investors flock to South Korea as wins in coronavirus battle earn reward

South Korea's confirmed cases of the virus have been kept to less than 11,000 so far, with 240 deaths

Franklin Templeton crisis: Short-term bond market is in deep trouble

The decision has been prompted by lack of liquidity in the high-yield market, as well as heavy redemption pressures that are affecting all debt funds

FIIs keep off Indian debt with record sell-off amid coronavirus outbreak

According to market sources, FIIs have also sold Rs 8,000 crore-Rs 10,000 crore worth of debt securities in the shorter-tenure market in March.

Covid-19 lockdown: Capital, debt service providers to stay open, says Sebi

It further added that "the head office/ regional offices/ local offices of Sebi shall also function with minimum number of employee."

Adani Ports raises Rs 125 crore through non-convertible debentures

Adani Ports arm has raised Rs 125 crore today by allotment of 1,250 rated, listed, secured, redeemable, non-convertible debentures (NCDs) of the face value of Rs 10,00,000 each

IDBI Bank raises capital worth Rs 745 cr via tier-II bonds after 2 years

Bank officials said the money raised through tier II bond offering is expected to increase Capital Adequacy Ratio (CAR) by about 50 basis points