Page 8 - Government Bonds
India falls short on FTSE Russell EM government bond index inclusion
Global index provider FTSE Russell said India will remain on the watch list for inclusion in the FTSE Emerging Markets Government Bond Index, dashing market hopes of its entrance into the index
 "India falls short on FTSE Russell EM government bond index inclusion")
India's inclusion in key govt bond index pushed back to next year: Report
Indian government bonds will likely only be included in the JPMorgan emerging market global index early next year as New Delhi still needs to address various operational issues
 "India's inclusion in key govt bond index pushed back to next year: Report")
Govt bonds' inclusion into JPMorgan index pushed to next year: Report
Indian government bonds will likely only be included in the JPMorgan emerging market global index early next year as New Delhi still needs to address various operational issues
Govt bonds and immediate annuity plans: 2 options for retirement income
The first offers a guaranteed rate of return for long; the other secures income for the rest of your life
 "Govt bonds and immediate annuity plans: 2 options for retirement income")
Bonds, rupee strengthen as crude oil prices fall below $90 a barrel
Hope of global index inclusion drags down bond yields, FPI flows bolster rupee
 "Bonds, rupee strengthen as crude oil prices fall below $90 a barrel")
SBI sells largest AT-1 tranche at lowest rate for any bank so far this year
The bank had notified an amount of Rs 7,000 crore to be raised through a single tranche of AT-1 bonds in order to augment capital.
 "SBI sells largest AT-1 tranche at lowest rate for any bank so far this year")
Rupees, bonds gain despite 75 bps US Fed rate hike to tackle inflation
Markets perceive Fed as being less hawkish
 "Rupees, bonds gain despite 75 bps US Fed rate hike to tackle inflation")
FRAs back in vogue, help insurers in fixed rate of interest for payouts
Forward Rate Agreements enables insurers lock in a fixed rate of interest rate for a future pay out
 "FRAs back in vogue, help insurers in fixed rate of interest for payouts")
Fund houses line up fixed maturity plans as bond yields continue to rise
The yield on the 10-year government security on Friday ended at 7.42 per cent
 "Fund houses line up fixed maturity plans as bond yields continue to rise")
Public sector banks request RBI on bond portfolios as yields harden
At its policy review in April, the RBI had increased the limit on HTM portfolios to 23 per cent of net demand and time liabilities till March 31, 2023
 "Public sector banks request RBI on bond portfolios as yields harden")
Rupee at 80, 10-year IGB at 8%: The five bearish forecasts from UBS
The brokerage sees the yield on the 10-year India government bond (IGB) topping the 8 per cent mark before the end of the fiscal.
 "Rupee at 80, 10-year IGB at 8%: The five bearish forecasts from UBS")
LIC owns 4% of all listed stocks in India, more govt bonds than the RBI
LIC manages assets of Rs 39 lakh crores, or more money than the entire mutual fund industry combined.
 "LIC owns 4% of all listed stocks in India, more govt bonds than the RBI")
Explained: What would a Russian bond default mean after Ukraine invasion?
Ratings agencies say Russia is on the verge of defaulting on government bonds following its invasion of Ukraine, with billions of dollars owed to foreigners
 "Explained: What would a Russian bond default mean after Ukraine invasion?")
Stocks stumble as Ukraine tensions increase, investors seek safety in bonds
Stocks fell on Thursday as investors took fright after Russia reports of firing in Ukraine, while traders sought safety in government bonds and oil clawed back some of its heavy early losses.
 "Stocks stumble as Ukraine tensions increase, investors seek safety in bonds")
Yield on new 10-yr paper hardens by 8 bps over RBI cut-off point
The closing yield for the 2032 govt bond was 6.62% on Monday; RBI cut-off at auction was 6.54%
 "Yield on new 10-yr paper hardens by 8 bps over RBI cut-off point")
India Inc faces a risk to profits as bond yields go up 46 basis points
Historically, there is a negative correlation between the bond yield and India Inc's interest cost.
 "India Inc faces a risk to profits as bond yields go up 46 basis points")
Foreign funds are steadily increasing exposure to Indian debt
Bond purchases by overseas investors under the uncapped Fully Accessible Route, climbed to Rs 35 billion ($476 million) in August, the highest this year
 "Foreign funds are steadily increasing exposure to Indian debt")
Tantrum fears fade as riskier EM bonds rise to defy taper talk
Fixed-income securities issued by South Africa, Turkey, Indonesia and India posted the biggest gains among 46 sovereign markets, returning at least 1.2% last month, excluding currency fluctuations
 "Tantrum fears fade as riskier EM bonds rise to defy taper talk")
Corporate bond spreads widen 30-35 basis points in July over G-Sec
Corporate bonds are driven mainly by two factors - domestic liquidity and foreign portfolio flow
 "Corporate bond spreads widen 30-35 basis points in July over G-Sec")
RBI to conduct Rs 20,000 crore open market bond purchase on July 8
The Reserve Bank of India (RBI) will conduct open market purchase of government bonds worth Rs 20,000 crore under the G-sec Acquisition Programme (G-SAP 2.0) on July 8
 "RBI to conduct Rs 20,000 crore open market bond purchase on July 8")