Treasury Bills

Treasury bills: Use SIP to smooth rate volatility, invest steadily

Investors with regular income, short-term goals, and a strong need for capital preservation may go for T-Bills

T-bill yields fall below overnight rate amid RBI rate cut expectation

"This is because the system liquidity surplus is almost Rs 3 trillion and there are expectations of a deeper rate cut," said Anshul Chandak, Head of Treasury at RBL Bank

IndusInd Bank's deputy CEO Arun Khurana resigns amid accounting blunder

Based on the findings of an external agency's probe, IndusInd has estimated an impact of 2.27% on its net worth as of December 2024

UK, UAE, US withdraw nearly $1 billion from Pakistan's treasury bills

Pakistan has witnessed major outflows of foreign investment with just three countries withdrawing nearly USD 1 billion from the treasury bills during the current financial year. According to the State Bank of Pakistan, between July 1 and March 14 this fiscal year, inflows into T-bills totalled USD 1.163 billion while outflows stood at USD 1.121 billion, leaving a net balance of just USD 42 million. The withdrawal of USD 1 billion has left the outflows almost matching total inflows in Pakistan's fragile economy leading to investor caution despite attractive returns. The United Kingdom, traditionally Pakistan's largest T-bill investor, had invested USD 710 million during FY25 but withdrew USD 625 million. The United Arab Emirates and the United States recorded outflows of USD 205 million and USD 130 million, respectively. The Pakistan government to bring in foreign inflows has announced higher yields on its T-bills in comparison to most developed and developing economies. A financi

3-month T-bill cutoff set higher than 1-year, inverses yield curve

The cutoff yield on 3-month T-bill was set 1 bps higher due to tepid demand from mutual funds, said dealers

RBI likely to cancel next week's T-bill auction given large cash balance

Net liquidity in the banking system was in a deficit of ₹2.32 trillion as of Thursday, and has been in deficit mode for the past fourteen consecutive weeks

Govt plans to borrow Rs 3.9 trillion via treasury bills in Q4FY25

Market participants said that the gross borrowing amount was higher than expected

China plans record $411 billion special treasury bond issuance next year

The proceeds will be targeted at boosting consumption via subsidy programmes, equipment upgrades by businesses and funding investments in innovation-driven advanced sectors

South Korea opposition party plans to pass government budget bill today

The opposition-controlled parliament last month cut 4.1 trillion won from the government's proposed 677.4 trillion won ($473 billion) budget

UK Treasury chief unhappy with weak third-quarter economic growth

Britain's Treasury chief Rachel Reeves said Friday that she is not satisfied by official figures showing the British economy's rebound from recession slowed down sharply in the third quarter of the year, with most sectors stagnating. The Office for National Statistics said growth during the July to September period was just 0.1 per cent. That was lower than the 0.5 per cent recorded in the previous three-month period and below market expectations for 0.2 per cent. The statistics agency said overall output in September actually shrank, a development that has further fueled accusations from critics of the new Labour government that its pessimism dragged the economy down in its first few weeks in office. On coming to power in July for the first time in 14 years, the government described its economic inheritance from the former Conservative administration as the bleakest in decades, requiring urgent action to fix the public finances. The Conservatives' Treasury spokesperson, Mel Stride,

Will continue cooperation for capacity building of Maldives forces: PM

Following the talks, India today granted Maldives a USD100 million Treasury bills roll over, in addition to both sides inking a USD 400 million and Rs 3,000 crore currency swap agreement

Indian bond yields may partly reverse fall as US peers move higher

US bond yields rose, as traders booked profits after a recent fall, and as yields witnessed a floor. However, the possibility that the Fed could do another outsized rate cut remain intact

Centre's H2 borrowing likely to stay in line with budgeted amount

May borrow around Rs 6.3 trillion during the period

Bank of Baroda, Canara Bank, and UCO Bank hike MCLR by 5 basis points

UCO Bank reduces T-bill benchmark linked rates

China's ultra-long treasury bonds' use fuels expectations for more stimulus

After unshackling the economy from three years of Covid-19 restrictions, Chinese officials had hoped that stimulating the industrial sector would stabilise the job market

State bonds, treasury bills supply for Q2 along the expected lines

States and Union Territories also plan to borrow up to Rs 2.63 trillion through state government securities over the same period

Centre saved over Rs 25,500 cr via fund transfer norms: FM Sitharaman

The NDA government has disclosed off-Budget funded schemes in the Budget documents from FY22

Bond yields seen easing as Indian govt cuts T-bill supply for 6 weeks

The 7.18 per cent 2033 bond yield is expected to trade between 7.05 per cent and 7.10 per cent, after ending at 7.0925 per cent, a trader with a state-run bank said

Yield gap between Sensex earnings, 10-year US bond narrowest since 2000

The yield spread narrowed to -0.61 per cent on Monday, a stark contrast to 0.99 per cent a year ago and the 20-year average spread of 2 per cent

US sanctions 6 individuals, 2 entities; targets N Korea's military funds

A US Treasury Department statement and South Korea's foreign ministry said the action was taken in coordination between the two countries