Government Securities

RBI opens NDS-OM platform for stock brokers to boost retail participation

Currently, membership open to entities such as banks, primary dealers, insurers, MFs

RBI to introduce forward contracts in govt securities: Governor Malhotra

Bond market participants said that in bond forwards, there will be actual delivery of bonds

Prudent fiscal management likely to soften G-sec yields: DEA secretary Seth

The government's prudent fiscal management may soften government securities yields and leave more funds for corporates to invest in the economy, DEA Secretary Ajay Seth has said. In absolute terms, he said, "we will be borrowing (for FY26) less than what we intend to borrow in the current year. Even the gross borrowings are also marginally more than what it was, signalling that the government will leave enough into the market for the private sector to pick up". The government has reduced its borrowings estimate for next financial year to Rs 11.54 lakh crore on net basis as it expects an improvement in tax collection. However, gross market borrowings have now been revised upward to Rs 14.82 lakh crore from Rs 14.01 lakh crore estimated for the current financial year. The government has to borrow by issuing dated securities to meet its fiscal deficit target. "So, I see that the fiscal consolidation this year and fiscal consolidation road map next year should rather soften the ...

Sebi proposes changes to net asset value calculation for overnight schemes

NAV represents the market value of an investor's mutual fund holdings and is a key metric for understanding the worth of their investments

States, UTs to borrow Rs 4.7 trillion via govt securities in Q4FY25

In 2023-24, states contained their GFD at 2.9 per cent of GDP, within the Fiscal Responsibility Legislation (FRL) limit of 3 per cent

Build debt fund portfolio diversified across duration, watch volatility

Take limited exposure to longer-duration debt funds; match horizon with fund's portfolio duration

Sebi proposes measures to boost retail participation in G-Sec market

Stock brokers may be allowed in the RBI-operated NDS-OM system for government securities

RBI mops up Rs 11.6K crore via OMOs in July amid liquidity surplus

Along with OMO sales, the RBI has also been conducting VRRR auctions in order to drain excess liquidity

Need enabling framework for ESG bond issuances in India, says RBI

Dimple Bhandia highlighted that the credit derivatives market has been another area that has struggled to take off

G-sec yields settle flat as foreign inflows underwhelmed investors

The 10-year benchmark bond yield inched up to 7.02 per cent during the day as traders sold their securities at a profit

FPIs turn net debt buyers in May ahead of JP Morgan index inclusion

The yield on the benchmark 10-year government bond fell by 20 basis points in May so far

RBI repurchases Rs 2,069 cr worth of bonds, against notified Rs 60,000 cr

The securities scheduled for buyback were 6.18 per cent 2024, 9.15 per cent Government Securities (GS) 2024, and 6.89 per cent GS 2025

Mutual funds sells G-sec to book profit after stocking up in April

This change in behaviour can be attributed to some fund houses capitalising on profit opportunities by selling bonds, while others are actively trimming the duration of their portfolios

Short-term bond yields soften ahead of govt's buyback on Thursday

RBI announced its plan to repurchase securities worth Rs 40,000 cr

Govt announces bond buyback: Short-term yields to soften, liquidity to ease

RBI had announced its plan to repurchase securities worth Rs 40,000 crore

Banks prefer high premium corp, state bonds over G-secs in HTM portfolio

Banks must categorize bonds as 'held-to-maturity' on a permanent basis, with the exception of 5 per cent of the portfolio that can be withdrawn throughout the year, according to the new norms

RBI to soon launch app for retail investors to participate in govt bonds

The Reserve Bank on Friday announced the launch of a mobile app to enable retail investors to participate in government securities (G-Secs) or government bonds market. RBI Retail Direct Scheme, launched in November 2021, gives access to individual investors to maintain gilt accounts with the RBI and invest in government securities. The Scheme enables investors to buy securities in primary auctions as well as buy/sell securities through the Negotiated Dealing System - Order Matching system (NDS-OM) platform. "To further improve ease of access, a mobile application of the Retail Direct portal is being developed. The app will enable investors to buy and sell instruments on the go, at their convenience. The app will be available for use shortly," RBI Governor Shaktikanta Das said, while announcing the first bi-monthly monetary policy for the current fiscal. The government is planning for gross market borrowing of Rs 14.13 lakh crore for 2024-25. Out of this Rs 7.5 lakh crore, or 53 per

RBI reverts to multiple price auctions for govt securities after 3 years

Under the multiple price auctions, buyers are allotted bonds at the price they bid at, while uniform pricing means bonds are sold at the cutoff level

Stability in G-sec yields bolstered financial mkt resilience: FM Sitharaman

Sitharaman lauded the RBI's resilience and leadership among its central bank counterparts, emphasizing its crucial role in maintaining financial stability

States, Union Territories plans to borrow up to Rs 2.5 trn in Q1FY25

In the first quarter of the financial year 2023-2024, states had borrowed 84 per cent of the notified amount of Rs 1.9 trillion