Page 6 - Indian Bonds

Bond investors risk getting burned if India fails to enter global indices

Bond purchases by global funds under the so-called Fully Accessible Route jumped to 42 billion rupees ($529 million) in August, the most since January

Index inclusion may fuel only short term gains in Indian rupee, bonds: DBS

Meanwhile, elevated supply of bonds in the second half of this financial year will bring focus back to incremental demand, resulting in a gradual rise of yields, the house said

Foreign investors snap up Indian bonds set for inclusion in global indices

Barclays also expects another $8 billion to $20 billion from a possible inclusion in the Bloomberg Global Aggregate bond index

Bonds, rupee strengthen as crude oil prices fall below $90 a barrel

Hope of global index inclusion drags down bond yields, FPI flows bolster rupee

Over 98% of corporate bond issuances are private placements: Report

Even as regulators push to deepen corporate bond market by increasing liquidity in secondary market, efforts are getting nullified by the near-total dominance (98.5 per cent) of private placements, which can't be traded in secondary market, shows a report. Sustained market making efforts by the regulators have seen the outstanding bonds rising by almost four-fold to Rs 39.6 lakh crore in FY22 from Rs 10.5 lakh crore in FY12, according to an analysis by Bank of Baroda's economists. Between FY21 and FY22, outstanding corporate bonds increased by 11.2 per cent. As against this, the government bond outstanding is Rs 84.71 lakh crore and total volume, including the secondary market trading, was Rs 126.6 lakh crore in FY22. As much as 98 per cent of the new issuances of corporate bonds are carried out in the private placement route in FY22, with just 2 per cent of the Rs 6 lakh crore issuances being public issues in FY22. Public issuances of bonds inched further to 1.5 per cent so far thi

Index inclusion of Indian bonds a good bet for long run: Morgan Stanley

Morgan Stanley sees a "good chance" of JPMorgan including Indian government bonds in its index, and recommended going long on the 10-year benchmark bond yield

Indian bond yields up for second straight day on debt supply woes

The benchmark 10-year Indian government bond yield ended at 7.2318%. The yield rose two basis points on Thursday to end at 7.2146%

Bond yields slide as reports tout progress in global listing of Indian debt

A fall of one basis point on the 10-year bond yield corresponds to a rise in price of roughly seven paise

Inflation to ease to 4% in two years after peaking, says RBI Governor

The RBI has raised policy repurchase rate by a total of 140 basis points since May, including back-to-back half point increases in June and August, to cool down inflation within its mandate

RBI likely to set 7.23% cutoff yield on new 10-year bond: Reuters poll

RBI will likely set a cutoff yield of 7.23% on 130 billion rupees ($1.63 billion) of the new 10-year bond being auctioned on Friday, according to the median estimates in a Reuters poll

Bond yields 3-month low ahead of RBI policy decision as oil prices drop

Indian government bond yields dropped on Friday, with the 10-year yield trading at a three-month low, after global oil prices fell overnight, while market participants awaited a Reserve Bank of India

With rupee at new low, Indian bonds may be worst hit if recession grips US

Indian bonds have declined in tandem with a slide in the rupee. The currency is now hovering close to a record low against the dollar as elevated commodity prices stoke inflation and boost the subsidy

RBI allows more FPI access to Indian bonds, but returns may not lure flows

Treasury officials believe the move may not work as rising interest rates abroad and high domestic inflation have eroded returns from Indian fixed-income assets

Oversupply of India bonds to drive yields to 8%: Standard Chartered

Standard Chartered estimates that excess India bond supply may total between Rs 3.8 trillion to Rs 6.3 trillion this fiscal year, according to a June 8 note

India bond yields rising slower than most economies, but not for long

Analysts expect bond yields to go up faster in the new financial year amid inflationary pressure

Indian 10-year bond yield at 1-month high tracking global crude, U.S. peers

India's benchmark 10-year bond yield was at 6.83% at 0555 GMT, after earlier rising to 6.85%, its highest since Feb. 4

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

Global investors sour on Indian bonds as index inclusion stalls

The impasse has generated considerable uncertainty around when Indian bonds might be added to global indexes

Govt 'plans tax changes' to help Indian bonds be included in global indexes

Finance Minister Nirmala Sitharaman will propose to exempt Euroclear settlements from tax, says report.

Indian bonds, rupee weaken after Powell reappointment

The benchmark 10-year bond yield rose as much as 3 basis points on the day to 6.38%