Page 2 - Government Securities

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bonds as 'held-to-maturity' on a permanent basis, with the exception of 5 per cent of the portfolio that can be withdrawn throughout the year, according to the new norms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

Debt fund managers go bullish on G-Sec after global index inclusion

Cite better balance between demand and supply as well as inflation relief

Yield on state government securities rises on record supply, shows data

Next week, states will participate in the final auction for the current financial year and as per the indicative calendar, they are expected to raise Rs 29,399 crore from the market

States plan to raise record Rs 50,206 crore next week through bonds

At the previous state loan auction, the cut-off yield on the 10-year state government securities was set in a range of 7.36-7.41 per cent

RBI may undertake comprehensive review of architecture of payment banks

Governance standards, viability of biz among priorities

Yield spread between corporate bond and g-sec narrows in February

Sentiment was also impacted by VRRR auctions by RBI last week to suck out liquidity

Debt mutual funds prosper in wake of Interim Budget yield decline

Gilt and dynamic fund investors reap nearly Rs 330 crore in gains, reveals estimates

Investors can lock into current high yields with target maturity funds

The medium- to high-maturity variety of these funds can also offer capital gains if interest rates fall

Bond index inclusion soon: Govt may opt for longer-term G-secs in FY25

However, the tenure of securities is not announced in the Budget and communicated to the market during the release of the half-yearly borrowing calendar in March and September

Puducherry govt to raise Rs 200 crore through auction of dated securities

The Puducherry government has offered to sell 12-year dated securities to the public in the form of stocks by auction for an aggregate amount of Rs 200 crore, a release from the Commissioner-cum-Secretary to Finance of Puducherry administration Ashish Madhaorao More said. The auction would be conducted by the Reserve Bank of India's Mumbai office (Fort) on January 9. Securities will be issued for a minimum nominal amount of Rs 10,000 and in multiples of Rs 10,000 thereafter. Interested persons, firms, companies, corporate bodies, institutions, Provident Funds, trusts, regional rural banks and cooperative banks may submit a single consolidated non-competitive bid on behalf of all its constituents in electronic format on the Reserve Bank of India Core banking solution (E-Kuber), available on the website www.rbi.org.in on January 9 between 10.30 am and 11 am, the release said. The result of the auction will be displayed by RBI Mumbai (Fort) on January 9 on the website. Successful ..