Page 5 - Govt Bonds

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

After three years, RBI returns to multiple price auctions for govt bonds

Since July 2021, the RBI has been conducting auctions for bonds, under uniform pricing, except for ultra-long duration bonds maturing in 30 years and beyond

Bond yields drop as US Federal Reserve sticks with three-rate-cut signal

The yield on the benchmark 10-year government bond fell by four basis points to settle at 7.05 per cent on Thursday, against 7.09 per cent on Wednesday

18 states to borrow record Rs 60,032 crore at last bond auction of FY24

The cut-off yield on 10-year papers was set in the range of 7.44 per cent - 7.50 per cent on Tuesday, against 7.36 per cent - 7.41 per cent at the previous auction

Govt bond yields seen higher tracking US peers on inflation uptick

The benchmark 10-year yield is expected to drift in the 7.03 per cent-7.07 per cent range, following its previous close of 7.0274 per cent, a trader with a private bank said.

Bloomberg to add Indian bonds to emerging market indices in January 2025

Up to $3 bn inflows expected; they won't join Bloomberg Global Aggregate index

Foreign banks lap up government bonds ahead of India's index inclusion

Foreign investors pumped in Rs 14,281 crore in domestic debt market in January

Record borrowing by states to widen spread over govt bond yield: Traders

Earlier in the day, states raised Rs 16,000 crore ($1.92 billion), the lowest for a weekly auction, via 10-year bonds at around 7.74 per cent

Foreign flows into Indian bonds hit 6-year high ahead of index inclusion

Foreign portfolio investors bought a net 127.2 billion rupees ($1.53 billion) of bonds in November, the highest since June 2017, data from Clearing Corp of India showed

Govt bonds may see $25 bn in inflows if included in Bloomberg indices: DBS

But bond yields may not rise if the inclusion is deferred as the market has not rallied in anticipation, Karyatt added

RBI raises guardrails ahead of global index inflows, may sell bonds

The inflows will add to the RBI's challenge of keeping liquidity on a leash even as it may need to buy dollars to prevent a sharp appreciation in the rupee

Govt bonds' JP Morgan index inclusion to boost rupee, help finance CAD: CEA

Fiscal, monetary policies will need to be cognizant of global perceptions and sensitivities, says Nageswaran

JPMorgan to add India to its emerging-markets bond index in June 2024

India's addition to a major global gauge will give global investors greater access to the world's fastest-growing large economy that offers some of the highest returns in the region

Indian bond traders nudge govt to raise ultra-long borrowings in H2

India aims to borrow a gross Rs 15.43 trillion via a sale of bonds this financial year. About 42% of that is due to be borrowed in October-March

SBI's infra bond response likely to lure lenders into tapping mkt: Bankers

Earlier in the day, the SBI accepted bids worth 100 billion rupees for 15-year bonds at a coupon of 7.54%

Day after Fed decision: Govt bonds slip from highs, rupee strengthens

The yield on the benchmark 10-year bond settled at 7.12 per cent, compared to 7.10 per cent on Wednesday

Rs 31,000-crore govt bond auction sees firm demand on short covering

The Reserve Bank of India set the cut-off price on the 7.41%, 2036 bond at Rs 101.90, against the market expectation of around Rs 101.83

Demand for long-term bonds likely to taper on weak insurer interest

Bond prices and yields move inversely

Silicon Valley Bank collapse: Benchmark yield slips the most in five months

SVB collapse likely to force Fed to go slow on rate hikes, say analysts

Bond yields rise as debt auction sees weak demand; dip on weekly basis

The overall sentiment remained weak because of hawkish commentary from central bankers across the world, which dimmed the hopes of domestic interest rate cuts later in 2023, said a dealer at a bank