India Bond Market

Message from bond market: US financing needs can roil equity markets

As Moody's explained in its note, US federal debt has risen because of a sustained higher fiscal deficit

Rupee regains its ground against dollar snapping three day losing streak

The rupee recovered 34 paise against the dollar as RBI stepped in via state-run banks while bond yields eased after strong OMO auction demand calmed sentiment

Indian insurance companies planning $41 bn trade switch to bond forwards

Insurers are in talks with authorities to convert about Rs 3.5 trn ($41 bn) worth of rates derivative contracts into bond forwards. Such contracts offer investors the opportunity to own the securities

India bond yield curve may steepen further on 10-yr supply spike: Analysts

India aims to gross borrow 8 trillion rupees ($93.63 billion) through the sale of bonds in the April-September period, lower than market expectations Rs 8.3 trillion- Rs 8.7 trillion

Foreign ownership of India's global bonds crosses Rs 3 trn before rate cut

Foreign inflows might see a further rise amid an aggressive rate cutting cycle on growth/trade headwinds and well-behaved inflation as well as a stable currency

Investors may want India to lower ultra-long debt bond supply in FY26

The gap between yields on India's 10-year and 40-year bonds, a marker of the premium investors ask for buying long-term notes, spiked to a nearly three-year high of 40 basis points in February

Jio Finance taps debt market with debut CP issue before bond sale

The non-banking finance company has issued three-month CPs at a yield of 7.80 per cent and accepted bids worth ₹1,000 crore ($114.95 million)

Govt bond yields dip as traders await inflation data from India, US

Investors are on the edge globally after US President Donald Trump declined to rule out a recession as a result of his tariff policies

Bond yields steady as debt auction pressures bond supply increase

It has also infused Rs 1.25 trillion through long-term repos, and around Rs 440 billion rthrough a dollar/rupee swap, taking the total infusion to around Rs 2.68 trillion over the last one month

Tata Steel likely to tap corporate bond market after near 1-year hiatus

Tata Steel is likely to raise around Rs 3,000 crore ($345.6 million) through this bond issue

RBI to buy Rs 40,000 crore govt securities via OMO auction on Thursday

The RBI plans to infuse Rs 2 trillion via an overnight variable rate repo (VRR) auction on Tuesday.

Govt bond yields edge higher as investors grapple with policy setback

The central bank cut the policy repo rate by 25 basis points on Friday, its first reduction in nearly five years, but did not announce any measures to boost banking system liquidity

RBI announces to add bond derivatives to investors' hedging toolkit

Reserve Bank of India Governor Sanjay Malhotra announced the plan in the authority's policy statement Friday

RBI announces slew of measures to inject liquidity to banking system

The central bank will conduct Open Market Operation purchase auctions of government securities worth Rs 600 bn ($6.96 bn) in three tranches and hold a 56-day variable rate repo auction for Rs 500 bn

Vedanta Resources raises $1.1 billion through dual tranche bond issuance

Mining mogul Anil Agarwal's Vedanta Resources has raised USD 1.1 billion through a new bond offering to prepay existing liabilities, the company said in a Singapore exchange filing. Vedanta Resources Finance II plc, a wholly owned subsidiary of Vedanta Resources, raised USD 1.1 billion through a new dual tranche issuance in international debt capital markets. Vedanta Resources Ltd (VRL) has raised USD 3.1 billion in USD bonds since September 2024. As per the exchange filing, the latest bond issuance consists of two tranches - a USD 550 million tranche of 5.5 years tenor at a 9.475 per cent interest rate and a USD 550 million tranche of 8.25 years tenor at a 9.850 per cent interest rate. Both tranches garnered strong investor demand with the bonds receiving final orders of USD 3.4 billion from over 135 accounts, representing an oversubscription of 3.1x, the company said. "The net proceeds from the offering of the Bonds will be used to prepay Vedanta's outstanding bonds (including a

India sees biggest bond outflows since 2020 amid global volatility

They sold a net $705.5 million of fixed-income securities on Jan. 8, according to the Central Depository Services figures compiled by Bloomberg. That's the biggest single-day sale since May 2020

Heavy supply schedule nudges govt bond yields higher as 2025 kicks off

The 10-year bond yield was at 6.7742 per cent as of 10:10 a.m. IST on Wednesday, compared with its previous close of 6.7597 per cent

Elon Musk cutting $2 trn in US spend is negative for markets: Chris Wood

There is growing evidence of liquidity tightening in the US, Wood said, which raises a near-term risk to equities

National Housing Bank raises Rs 3,830 cr through 10-year bonds at 7.14%

NHB received bids worth Rs 4,950 crore at a coupon of 7.16 per cent and Rs 4,310 crore at a coupon of 7.15 per cent

RBI eases its hawkish stance, index addition to extend market bond rally

Indian bonds handed investors a gain of more than 8 per cent this year, thanks to about $16 billion of foreign inflows