Opening up India's corporate bond market is an important part of Prime Minister Narendra Modi's pledge to almost double the size of the economy to $5 trillion by 2025
LONDON (Reuters) - One day you're out and the next day you're in: the world's battered sovereign bond markets are back in favour as global recession fears mount.
RBI needs to be fourth buyer in the bond market, says senior executive
Indian bond yields tracked a slide in their US peers and the rupee inched higher amid a modest rise in other Asian currencies
Union Bank plans to raise up to Rs 2,000 crore while Canara Bank plans to issue AT-1 bonds worth up to Rs 2,000 crore, say sources
Signs of weakening economic growth worldwide raising questions over the degree of policy tightening by central banks
On the back of rising crude oil purchases, India's bill for imports from sanctions-hit Russia jumped 3.5 times in a year in April to $2.3 billion, showed data. Read more in our top headlines
Signals central bank's comfort with yields
The government's request could complicate the RBI's policy of withdrawing liquidity from the market, which marks a shift away from an ultra-loose monetary stance.
India's benchmark 10-year bond yield was at 6.83% at 0555 GMT, after earlier rising to 6.85%, its highest since Feb. 4
India's benchmark 10-year bond yield ended at 6.75%, down 1 basis point from its previous close but yields on the week were up 9 basis points
National Highways Authority of India (NHAI) member Manoj Kumar said a huge market is available for surety bonds in the country
Rising inflation means there have still been losses for broader Asian bonds-- as there have been in many parts of credit markets globally -- but they've been much milder
Policy makers have spent months preparing to join global indexes, key benchmarks that increasingly determine how large asset managers allocate their capital
US Treasury yields on most maturities rose overnight as investors prepared for an earlier-than-expected interest rate hike
The benchmark 10-year bond yield was trading at 6.54%, after touching 6.55% in early trade, its highest since Jan. 31, 2020
Rates on notes with maturities of up to two years climbed in recent weeks as the central bank expanded its efforts to remove excess liquidity from the banking system
The RBI has launched RBI-RD, allowing retail investors to directly invest in govt securities. Will this make the bond market exciting for retail investors? Analysts seem cautious
Shorter-maturity bonds in these funds get reinvested at higher coupon rates
For investors wary of China, looking at India makes sense but the extra dollars arrive with a cost.