Page 3 - Indian Bond Market

Foreign investors eye Indian long-term bonds as JPMorgan inclusion nears

Along with direct purchases, foreign investors have leaned on derivative proxies to gain exposure to Indian bonds

Foreign investors flocking to Indian bonds make a splash across markets

Foreign investors have pumped roughly Rs 78,000 crore ($9.4 billion) into eligible sovereign bonds since JPMorgan Chase & Co.'s landmark announcement in September

Rupee's decline to record low triggers biggest selloff in Indian bonds

The selloff came on the day when the rupee fell by the most in six months

Navi Finserv plans to raise up to Rs 600 cr via bond issue to fund growth

NBFC firm Navi Finserv on Monday said it plans to raise up to Rs 600 crore through issuance of Non-Convertible Debentures (NCDs) to fund business growth. The total issue size includes a green shoe option of up to Rs 300 crore to retain oversubscription. The secured, rated, listed NCDs will have tenors of 18, 27, and 36 months and offer effective yields between 10.47-11.19 per cent per annum, the company said in a statement. The issue would open for subscription from February 26 onwards, it said. The funds raised through the bond issue will be used for onward lending, financing, loan repayment, and general corporate purposes, it said. This is the third capital raise through NCDs in the last two years by Sachin Bansal-led Navi Finserv.

Bond traders pin hopes on dovish RBI pivot to extend Budget rally

Indian bonds have rallied over the past three months, fueled by overseas inflows ahead of global index inclusion starting June

How India's stock and bond markets are turning into an inexorable force

Overseas investors will still have to contend with government policies that benefit from Russia's invasion of Ukraine, especially the purchase of Russian oil at discounted prices

SBI likely to issue perpetual bonds to wrap up FY borrowing: Report

Merchant bankers said the lender may have to pay a higher coupon as they are looking to raise a larger quantum this time

Stars align for Indian sovereign bonds after first yearly gain since 2020

The benchmark 10-year sovereign yield fell 15 basis points last year, the most in three years.

India bonds finally at global high table with JPMorgan index inclusion

The decision sets the stage for billions of dollars of inflows just when the bond market is straining under record government borrowings

Indian bonds in global markets

Increasing foreign presence in the debt market will release the pressure on our banks and free up money for lending since demand for loans is far higher than deposit mobilisation

JP Morgan boost: PNB Gilts zooms 20%, hits 52-week high on heavy volumes

A combined 27.85 million shares, representing nearly 60 per cent of free-float equity of PNB Gilts, have so far changed hands on the NSE and BSE

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

Early bond recall: Notify each holder

The National Commission ruled that public notices weren't sufficient. To avoid liability, the bank must send individual notifications and produce proof of having served them

ICICI Bank, Axis Bank likely to raise Rs 5,000 cr each via bond sales

ICICI likely to issue long-term bonds, Axis mulls infra bond sale

Despite buoyancy in market, stock trading activity declines in October

Cash market turnover fell almost 20% in October as rally take traders by surprise

Bond yields post first weekly drop in seven as US yields fall sharply

The benchmark Indian 10-year government bond yield ended at 7.4161% after closing at 7.4117% on Thursday

Average cut-off yield spikes by 12 bps to 7.84% at state bond action

Dealers said Bengal and UP raised amounts via bonds with 15-17 year maturity and cut-off yield above 7.9%; pricing likely to remain under pressure in near term

Will Indian bond markets succumb to the global sell-off?

Bull market in global bonds has come to an end. As strong labour markets in the US suggest more rate hikes, will Indian bonds break under the mounting global pressure? Let's find out

India, Indonesia debt outperforms China despite volatile global markets

The two countries' sovereign debt only lost 0.4% and 1.5% respectively for dollar-based investors in the third quarter, less than other emerging markets in Asia including China

Small portfolio investors cold to India's inclusion in global bond indices

If India is included in the global bond indices, it could ensure potential inflows of up to $30 billion into Indian fixed-income securities