Page 5 - Indian Bonds

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

Indian bonds set for new era with $100 billion inflows likely: HSBC AM

India's trillion-dollar sovereign bond market is gearing up for a rush of foreign money in the run-up to inclusion in JPMorgan Chase & Co.'s emerging markets bond index in June

10-yr bond yield logs biggest weekly fall; gold set to sizzle, oil rises

The benchmark 10-year bond yield ended at 7.16 per cent, after closing the previous session at 7.19 per cent

Bank of Baroda to raise up to Rs 2,500 cr via Basel III compliant bonds

Public sector lender Bank of Baroda on Friday said it plans to raise up to Rs 2,500 crore by issuing Basel III compliant bonds. The 'Capital Raising Committee' has approved a proposal to raise tranche I of Basel III compliant Tier II bonds with a base issue size of Rs 1,000 crore with a green-shoe option to retain oversubscription of up to Rs 1,500 crore, it said in a BSE filing. Under Basel-III capital regulations, banks globally need to improve and strengthen their capital planning processes. The bank's shares were trading at Rs 219.20 apiece on BSE, down 0.36 per cent over the previous close. The stock had touched a 52-week high of Rs 224.30 on Thursday.

Foreign inflows to Indian bonds set for highest in 6 years over index call

Inflows to fixed income, including corporate debt, have reached nearly $6 billion thus far in 2023, with this month alone accounting for about a quarter of the flows, according to data compiled

JPMorgan index-bound Indian bonds lure foreigners, but flows to start later

"This pace, however, may not sustain at least in the immediate future as globally investors will eye developments in the Middle East conflict and what impact it could have on oil prices"

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

JPMorgan adding Indian bonds will see public finances scrutinised

Foreign exchange reserves, which are higher than last year, and the credibility of the regulators will work in favor of the South Asian country, CIO SBI Funds said

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

India to enter JP Morgan's EM bond index; set for $20 billion inflow

To have 10% weight, like China; no tax benefits for bond investors

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

Indian bonds, and rupee surge post inclusion in JPMorgan EM bond index

Market experts are projecting approximately $30 billion in inflows into the government bond market following India's inclusion in the index

JPMorgan to add India to its emerging-markets bond index in June 2024

India's addition to a major global gauge will give global investors greater access to the world's fastest-growing large economy that offers some of the highest returns in the region

SBI seeks to raise Rs 10,000 cr in tier-I bonds, wary about spike in yields

Offering slated for coming week; bank to decide on actual issuance based on yield level in the market, which hardened in the last two weeks

Punjab National Bank to raise $1.5 bn through bonds in one or two tranches

Indian state-run lender Punjab National Bank said on Wednesday it would raise up to 120 billion rupees ($1.46 billion) in one or two tranches, through the issue of bonds

No contagion seen on Indian bonds, forex from SVB collapse: DBS Bank

"The dollar index is not stretching as the typical risk-off scenario. Unless commercial activity drops across the world, which does not seem to be the case, we may not see any major impact"

Union Bank raises Rs 2,200 cr in tier II capital for business growth

Public sector lender plans tier I bond of Rs 700 crore before financial year closes

Foreigners turn sellers of Indian sovereign bonds on index disappointment

The outflow from the so-called Fully Accessible Route, or FAR, securities marked the first such withdrawal in seven months

Even Indian bonds are not spicy enough for global investors to bite

What will break the impasse and when? Apart from some simplification of processes and taxation, a lot will depend on the Reserve Bank of India's policies, especially on exchange rates.

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