Page 2 - India Bond Market

Banks may turn to domestic bond market in H2FY26 for Tier-II bonds

After a lackluster first half in FY2026, banks are likely to turn to fresh Tier-II bonds to strengthen their capital base and to replace earlier issuances raised at a higher coupon rate

RBI likely to meet bond market this week to discuss H2FY26 borrowing

The meeting will take place on Wednesday and Thursday, and comes at a time when banks are staring at huge treasury losses from the recent spike in bond yields

Indian bond yields surge as traders seek RBI intervention amid buyer strike

Alongside fiscal concerns, pension funds and insurers have shunned bonds in favour of equities, while large banks have slowed purchases amid mark-to-market losses on existing bond holdings

Rising yields rattle India's bond market rally as investors turn cautious

Fears of a widening deficit have pushed up the benchmark yield by 18 basis points this month, with the bulk of that rise coming last week

Bond yield rises to 4-month high; OIS market discounts rate cut by Dec

Selloff continues despite retail inflation hitting 8-year low

RBI's liquidity measures drive short-term bond rally, widening yield spread

The yield spread between the three-year government bond and benchmark 10-year bond has increased by more than three times to 48 basis points, against 15 bps at the start of FY26

RBI's policy resets bond markets, signals deeper yield compression ahead

RBI MPC: The RBI has delivered a liquidity bazooka, but the real gains ahead depend on how fast the credit flywheel turns. Debt investors, thus, must navigate this shift with nuance

Bond vigilantes stirred by US tax bill cloud foreign inflows to India

The spread between the benchmark 10-year Indian and US bonds has shrunk to a level last seen over two decades ago after the US Tax Bill

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