Page 4 - Indian Bond Market
Indian bonds' inclusion in global indices unlikely this yr: HSBC strategist
Yields on Indian government bonds are expected to remain in a narrow range this year as an inclusion of domestic bonds in global indexes may not materialise in 2022, a rates strategist with HSBC said
What could India's inclusion into major global bond indices mean?
The possibility of India being included in global bond indexes this year has led to increased buying in a set of local securities
 "What could India's inclusion into major global bond indices mean?")
Banks urge RBI to extend HTM leeway beyond Mar 2023 as bond losses pile up
Bankers have sought permission to park a larger quantum of securities in the portfolio than is currently permitted amid an environment of rising bond yields.
 "Banks urge RBI to extend HTM leeway beyond Mar 2023 as bond losses pile up")
As rupee falls, spread between India and US bond yields tightens
A narrower spread makes it less attractive for foreigners to invest in rupee assets
 "As rupee falls, spread between India and US bond yields tightens")
TMS Ep191: 5G rollout, apparel industry crisis, bond markets, tax exemption
Why India's 5G rollout could be in jeopardy? Why's Ludhiana's apparel industry staring at losses? Where are the bond markets headed? How to avail capital gains tax exemption U/s54? All answers here
 "TMS Ep191: 5G rollout, apparel industry crisis, bond markets, tax exemption")
Indian bond yields rise, rupee falls as Ukraine tensions escalate
India's benchmark 10-year bond yield closed at at 6.75%, up 6 basis points from its previous close
 "Indian bond yields rise, rupee falls as Ukraine tensions escalate")
Will the RBI policy calm bond markets? Here's what analysts think
High borrowing numbers in the budget as well as absence of any steps to facilitate global bond index inclusion roiled the domestic markets, pushing the yield on the benchmark debt to 6.8
 "Will the RBI policy calm bond markets? Here's what analysts think")
Floating rate funds can cushion interest rate volatility: Rahul Goswami
Goswami says case for normalisation of monetary conditions is starting to pick up pace, and next step will be to narrow the policy rate corridor closer to pre-pandemic level
 "Floating rate funds can cushion interest rate volatility: Rahul Goswami")
Don't see any major pressure as a result of the taper: Axis MF's Sivakumar
In a Q&A, R Sivakumar says the key drivers of foreign flows in India would be the inclusion of Indian bonds in global fixed-income benchmarks
 "Don't see any major pressure as a result of the taper: Axis MF's Sivakumar")
Taper may push yields on domestic bonds upwards: Arun Srinivasan
Arun Srinivasan, senior executive vice president and head of fixed income, ICICI Prudential Life Insurance says 10-year G-sec benchmark may inch closer to 6.40-6.45 per cent by 2021 end
 "Taper may push yields on domestic bonds upwards: Arun Srinivasan")
Indian bond yields spike to near 4-month highs; crude surge hurts
The most-traded 6.64% 2035 bond was up 6 basis points at 6.79%
 "Indian bond yields spike to near 4-month highs; crude surge hurts")
First purchase of G-secs worth Rs 25,000 cr under G-SAP 1.0 on Apr 15: RBI
RBI said the first purchase of government securities worth Rs 25,000 crore under the G-sec Acquisition Programme will be done on April 15 with a view to enabling a stable evolution of the yield curve
 "First purchase of G-secs worth Rs 25,000 cr under G-SAP 1.0 on Apr 15: RBI")
RBI Monetary Policy: Steady and bold
Among other things, the policy provides much needed visibility on central bank's balance sheet support for the bond market
 "RBI Monetary Policy: Steady and bold")
Perpetual bonds and why they are in news: All you need to know
Business Standard's Samie Modak explains in detail why perpetual bonds are in news. Listen to the podcast
Issuers cancel planned bond sales as yields surge over govt borrowings rise
The strains came after India's government announced near-record borrowings of about 12 trillion rupees on Feb. 1, adding to concerns that companies could be crowded out of debt markets
 "Issuers cancel planned bond sales as yields surge over govt borrowings rise")
A few things the RBI should be mindful of before issuing own bonds
Another discretionary tool to manage liquidity may be a timely one
Rising bond yields, commodity prices to cap market upside, say analysts
According to a recent report by BofA Securities, 31 Nifty50 companies are exposed to commodity-related risks and cautions that the full impact of the rise in commodity prices is yet to play out
 "Rising bond yields, commodity prices to cap market upside, say analysts")
Bond investors see RBI curbing yields as India looks to sell $3.6 bn bonds
The bond auctions Thursday drew lower-than-expected cutoff yields, including 5.9726% on the benchmark 10-year note, compared with 6.03% estimated in a Bloomberg News survey
 "Bond investors see RBI curbing yields as India looks to sell $3.6 bn bonds")
Budget 2021: Govt's bank privatisation plan, bond market reaction, and more
In this podcast, we discussed the key announcements made by the finance minister about bank privatisation, asset reconstruction company and how bond market seeing the budget, why yields are rising
 "Budget 2021: Govt's bank privatisation plan, bond market reaction, and more")
Global investors are dumping Indian bonds. Blame it on slow pace of reforms
While financing costs have remained subdued this year, the risk is that the growing supply of Indian bonds begins to outstrip local demand
 "Global investors are dumping Indian bonds. Blame it on slow pace of reforms")
