Canara Bank raised Rs 2,000 crore worth of AT1 bonds at a rate of 7.99 per cent, taking its total issuance of such bonds so far in the year to Rs 4,000 crore
The central bank removed foreign investment caps for a number of securities under the 'fully accessible route' (FAR) in April 2020 to help meet a key requirement of index providers
Indian government bond yields ended higher on Monday, tracking US Treasury yields, as the Fed emphasised it would keep raising rates to rein in inflation
Signs of weakening economic growth worldwide raising questions over the degree of policy tightening by central banks
The auction was scheduled for four securities - 5.74% GS 2026 (Rs 9,000 crore), GOI Floating Rate Bond 2028 (Rs 4,000 crore), 6.67% GS 2035 (Rs 10,000 crore), and 6.99% GS 2051 (Rs 9,000 crore)
High borrowing numbers in the budget as well as absence of any steps to facilitate global bond index inclusion roiled the domestic markets, pushing the yield on the benchmark debt to 6.8
Budget 2022 has unnerved bond markets. The 10-year govt bond yields have risen nearly 3% in two days. What's behind the sharp upswing in yields, and what does it mean for equity investors?
Retail participation in govt bonds needs reforms
Online portal will give access to the bond trading platform available for institutional investors; retail investors can also bid for bonds in primary auctions as large institutions do
The net borrowings during the next fiscal year will be about Rs 9.37 trillion
Size may be enhanced in the subsequent auctions depending on market response
Government and corporate bond schemes of NPS are unlikely to beat equity schemes over the long term
Two new series will have maturities of April 2025 and April 2031.
The first tranche of OMO purchase auction worth Rs 15,000 crore will be conducted on March 24
Experts are urging investors to stay conservative in their investment choices
Govt to go ahead with plan following wider consultations: Official
Indeed, global bond yields have fallen quite substantially, with some in Europe hitting sub-zero levels, an early sign of a global slowdown
The yield on 10-year bonds declined nine basis points to 6.34 per cent on Tuesday after touching 6.31 per cent, the lowest for the notes since December 2016
Bond traders have already shown signs they can be nervous about the nation's financial health
This borrowings are estimated to have accounted for 0.34 percent of GDP for FY19 as compared to 0.09 percent of GDP for FY18