Lenders are discussing a potential solution with the ECB about easing charges imposed after Europe's markets agency withdrew recognition of the CCIL and other agencies three years ago
Although the volumes for surety bonds continues to be low, issuance in a non-paper manner will ease a lot of administrative work for the insurers and could also help in increasing volumes
In a meeting this week with state government officials, the RBI advised states to spread their borrowing across the yield curve
India currently has 41 securities under the fully accessible route (FAR), valued at $502 billion, with no foreign investment limits
Bond market investors are looking beyond short-term geopolitical noise, anchored by strong domestic fundamentals, surplus liquidity, rate cuts and a dovish RBI
When JPMorgan announced in September 2023 that Indian bonds would be phased into the index starting June 28, 2024
The recent slowdown was a "mid-cycle correction", and the central bank's policy support has laid the groundwork for growth to return to its long-term trend
The yield on the five-year note has declined more than 50 basis points since April 1, outpacing the 33 basis-point decline on the 10-year note
Indian states raised Rs 722.55 billion ($8.43 billion) through a sale of bonds, the biggest amount ever to be borrowed via a single auction
Foreigners bought $1.8 billion of rupee bonds this month so far, already higher than any monthly total since September
After its first easing in five years last month, the Reserve Bank of India may deliver another 25 basis points cut in April, followed by at least one more reduction this year
Domestic lenders have raised a record Rs 89,200 crore ($10.26 billion) in this financial year, with some, including State Bank of India, likely to tap this route before the fiscal year ends
Despite the doubling in the government's debt sales since the pandemic, robust demand from long-term investors, like pension funds and insurance companies, has helped absorb supply
The 10-year yield is expected to drop to 6.50 per cent by the end of the year, as per the Bloomberg poll, suggesting over 17 basis points easing from the current levels
US yields surged while the slower pace of rise of Indian yields led to a tighter spread or the interest rate gap between the two countries
RBI's rate cuts anticipated from early next year on slowing economic growth, continued index-inclusion-related foreign inflows and strong demand from local pension and insurance companies
Benchmark 10-year bond yield is likely to move between 6.81 per cent and 6.85 per cent till the completion of the auction, compared with its previous close of 6.8329 per cent
Given the volatility expected over the short-term horizon, we cannot imagine that we will receive any major inflows over the next two months, they added
Investors now see an 83 per cent chance of a December rate cut, up from 59 per cent a day ago, and 70 per cent a week ago, according to the CME FedWatch tool
The Fed cut interest rate by 25 basis points on Thursday, as widely expected, amid a cooling labour market, while noting that economic growth remained solid