Page 8 - India Bond Market

The new pitch for bond dealers to bat on

Treasury managers are padding up for the new norms for the classification, valuation and operation of investments

Adani Ports sees more offers worth $213 mn at dollar bond buyback

The outstanding for this bond stands at $520 million, according to data from LSEG

BNP Paribas upbeat on India bonds after JPMorgan inclusion, sees 10-yr high

"The muted reaction currently is due to weak global risk appetite," Sambor, who said inflows could rise if India becomes a part of other global indices

India's bond index inclusion set to test RBI's liquidity, FX management

"So as and when passive investors encounter tax implications, they will think twice," the report said

India's inclusion in the bond index will increase investor vigilance

For the fast-growing economy that typically runs a current-account deficit, the decision opens the door to as much as 10% of the $236 billion of assets at funds

Analysts see $25 bn inflow on Indian G-Secs' inclusion into JP Morgan index

Analysts expect the Wall Street major JP Morgan's decision to include the Indian government bonds in its global index from June next year will lead to a direct inflow of USD 20-25 billion in the country's debt market over 18-21 months. JP Morgan, announcing the inclusion earlier in the day, said India will have a maximum weight of 10 per cent in the index eventually and around 8.7 per cent in the emerging market global index. JP Morgan said in a statement on Friday that 73 per cent of investors are in favour the decision. The inclusion will be staggered over a 10-month period from June 28, 2024 to March 31, 2025. "We estimate this implies direct inflows of USD 20-25 billion over the course of the next 18-21 months, but some front-loading of inflows cannot be discounted," Rahul Bajoria, managing director and head of emerging market Asia (ex-China) at Barclays, said in a note on Friday. Japanese brokerage Nomura has pegged the inflows at USD 23.6 billion, which is 10 per cent of the

What would India's inclusion in JPMorgan's bond index mean for its markets?

Currently, 23 Indian Government Bonds (IGBs) with a combined notional value of $330 billion are index eligible, JPMorgan said

After JP Morgan, Bloomberg index may add India; analysts eye $20 bn inflow

Given the relatively small weight in the Bloomberg Global Aggregate Index, analysts expect India's inclusion could take place in one shot

Franklin Templeton MF credibly managed post-Covid debt crisis: Parekh

FT MF had wound up six of its debt schemes in April 2022, citing redemption pressure amid a lack of liquidity in the bond market

India's OIS rates hit nine-month high, government bond yields rise

The one-year swap rate hit 7.10 per cent on Monday, the highest level since March 9, while the five-year swap rate rose to 6.85 per cent, a level last seen on November 9, 2022

10-11% interest rate: Take a look at the top 10 high-yielding bonds

Some investors with a greater risk tolerance may find high-yield corporate bonds attractive, particularly in low-interest-rate environments.

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

India's OIS factors in one more rate hike, bond yields near top: Traders

Banks have been asked to maintain an incremental cash reserve ratio of 10% on increase in deposits between May 19 and July 28, and this would withdraw over one trillion rupees ($12.03 billion)

Adani group plans to raise Rs 1,498 cr via Indian bond market: Report

Adani Airport Holdings and Adani Ports and Special Economic Zone may tap the market first, with offerings of around 10-15 billion rupees

Fixed-income investors should opt for short, medium-term bonds: Here is why

Rally in the bond market primarily due to expectations of further hikes by the Fed

Bond auction: 9 states borrow Rs 16,200 crore, Tamil Nadu tops list

According to Reserve Bank of India (RBI) data, Tamil Nadu raised the highest amount - Rs. 4,000 crore through two bonds in the current auction

Bond issuances by banks to fall below Rs 90,000 cr in FY24: Report

Issuances hit all-time high of Rs 1.1 trn previous financial year but liquidity conditions easing now

Bond yields ease amid a surge in liquidity surplus, ahead of RBI's policy

Surplus liquidity in banking system hits Rs 2.25 trn

Best of sovereign bond rally may be over with sales deluge coming

The cracks in demand are already starting to show, as the government sold bonds at higher-than-expected cut-off yields at an auction on Thursday

India's 10-year bond yield falls to 1-year-low ahead of Fed rate decision

Madan Sabnavis, Chief Economist, Bank of Baroda said Bond yields have come down sharply due to factors like Sudden demand for bonds by HDFC group ahead of merger