Total subscriptions in the primary market surged to Rs 2,736 crore on September 18, from Rs 1,809 crore on April 3
The Reserve Bank of India set the cut-off yield on the 3-year, 7-year, 14-year, and 30-year bond at 7.16 per cent, 7.17 per cent, 7.23 per cent, and 7.33 per cent, respectively
The benchmark 7.26% 2033 bond yield was trading at 7.1611% as of 10:15 a.m. IST, after ending the previous session at 7.1880%
The yield on the benchmark 10-year bond closed at 7.20 per cent on Friday
The cut-off at the auction was better than expected, which weighed on the yields in the secondary market by the end of the trade
On Friday, the yield on the benchmark 10-year government bond dropped to 7.19 per cent from 7.20 per cent on Thursday
The yield on the benchmark 10-year bond rose 4 basis points to settle at 7.16 per cent
The National Stock Exchange is exploring opportunities in electricity derivatives and the voluntary carbon credit (VCC) market to deepen its product portfolio as part of its transformation into a multi-asset stock exchange. The world's largest derivatives stock exchange also plans to introduce derivative contracts based on the indices of the corporate bond index and government bond index, subject to clearance from regulators. "We are evaluating the voluntary carbon credits market. There are only two markets at this time. There are about 26 million voluntary carbon credits available in India as of today, which can be monetised," NSE Chief Business Development Officer Sriram Krishnan told PTI. He was in the city to participate in the Eureka Stock Broking organised Financial Conclave. "We need to figure out how to build a market for these VCCs so that they can find their values. You need to monetise them, and of course, we also need to create a healthy market going forward, because In
India's central bank may buy as much as 1.5 trillion rupees ($18 billion) of government bonds to replenish banking liquidity that's expected to tighten later in the year, according to a top banker.
This is only a third of the indicated amount of about Rs 18,900 crore. Tuesday was the last weekly auction of April 2023
The Central government has indicated that it wants to mobilise up to Rs 33,000 cr through auction of three securities maturing in 2028, 2033 and 2052
Shields banks from adverse impact from bond portfolio
AT-1 coupon rates rise as inflation, US bond selloff sour view on bonds
The benchmark 2032 bond yield has risen only 12 bps during the same period, leading to spread compression and ultimately inversion
As worries deepen for inflation in India, 10-year yield jumps and swaps reflect more rate hikes
Yield on the 10-year benchmark bond closed at 7.37 per cent, versus 7.36 per cent at previous close
All the state governments now have a significant presence in the bond market, having sharply lowered their dependence on the Centre for borrowing ever since Covid struck
The domestic currency has depreciated over 10% against the greenback so far this year
Markets feel that US central bank's aggressive rate hike cycle may be nearing an end
The Government on Saturday authorised sale and encashment of electoral bonds through 29 branches of State Bank of India (SBI) across the country between December 5 and December 12, 2022