Bond Auction
Govt bond yields flat before debt sale; budget remains a key driver
The benchmark 10-year yield was at 6.9649 per cent as of 10:00 a.m. IST after closing at 6.9632 per cent in the previous session
 "Govt bond yields flat before debt sale; budget remains a key driver")
Eight states raise Rs 14,092 crore via state bonds at weekly auction
The yield spread between the 10-year government bond and state bonds stood between 34 basis points and 38 basis points
 "Eight states raise Rs 14,092 crore via state bonds at weekly auction")
After three years, RBI returns to multiple price auctions for govt bonds
Since July 2021, the RBI has been conducting auctions for bonds, under uniform pricing, except for ultra-long duration bonds maturing in 30 years and beyond
 "After three years, RBI returns to multiple price auctions for govt bonds")
Robeco, Lombard Odier among buyers of new Adani Green Energy bonds
Adani Green and associated firms raised $409 million this month in the conglomerate's first debt sale since a damaging short-seller report last year
 "Robeco, Lombard Odier among buyers of new Adani Green Energy bonds")
18 states to borrow record Rs 60,032 crore at last bond auction of FY24
The cut-off yield on 10-year papers was set in the range of 7.44 per cent - 7.50 per cent on Tuesday, against 7.36 per cent - 7.41 per cent at the previous auction
 "18 states to borrow record Rs 60,032 crore at last bond auction of FY24")
14 states, union territories raise Rs 35,544 crore at weekly bond auction
Amount higher than scheduled figure of Rs 32,532 crore, a first in seven weeks
 "14 states, union territories raise Rs 35,544 crore at weekly bond auction")
10 states, 2 Union Territories raise Rs 28,000 crore at bond auction
The weighted average cut-off of the state securities was unchanged at 7.46 per cent from last week, despite a mild decline in the weighted average tenor to 13 years from 14 years during same period
 "10 states, 2 Union Territories raise Rs 28,000 crore at bond auction")
Navi Finserv plans to raise up to Rs 600 cr via bond issue to fund growth
NBFC firm Navi Finserv on Monday said it plans to raise up to Rs 600 crore through issuance of Non-Convertible Debentures (NCDs) to fund business growth. The total issue size includes a green shoe option of up to Rs 300 crore to retain oversubscription. The secured, rated, listed NCDs will have tenors of 18, 27, and 36 months and offer effective yields between 10.47-11.19 per cent per annum, the company said in a statement. The issue would open for subscription from February 26 onwards, it said. The funds raised through the bond issue will be used for onward lending, financing, loan repayment, and general corporate purposes, it said. This is the third capital raise through NCDs in the last two years by Sachin Bansal-led Navi Finserv.
 "Navi Finserv plans to raise up to Rs 600 cr via bond issue to fund growth")
Indian bond traders await fresh supply of debt, yields turn flattish
India's benchmark 10-year yield was at 7.0808% as of 10:00 a.m. IST, following its previous close of 7.0789%
 "Indian bond traders await fresh supply of debt, yields turn flattish")
Bond traders pin hopes on dovish RBI pivot to extend Budget rally
Indian bonds have rallied over the past three months, fueled by overseas inflows ahead of global index inclusion starting June
 "Bond traders pin hopes on dovish RBI pivot to extend Budget rally")
6 states, 1 UT raise Rs 12,500 cr at bond auction, 16% more than indicated
The union territory of Jammu and Kashmir (J&K) raised Rs 1,100 crore by issuing paper with the longest tenure of 30 years
 "6 states, 1 UT raise Rs 12,500 cr at bond auction, 16% more than indicated")
12 states, 1 UT raise Rs 25,800 cr at bond auction, 19% more than indicated
Spreads widens between 10-yr State & GOI bonds
 "12 states, 1 UT raise Rs 25,800 cr at bond auction, 19% more than indicated")
Citi Bank CEO weighs shutting municipal-bond trading business: Report
A Citi spokesperson at that time had said the company did not discriminate against the sector and that it believed it was complying with Texas' law
 "Citi Bank CEO weighs shutting municipal-bond trading business: Report")
Nine state govts, one Union Territory raise Rs 189 billion at bond auction
Cut-off yield highest in FY24 so far
 "Nine state govts, one Union Territory raise Rs 189 billion at bond auction")
Adani Ports sees more offers worth $213 mn at dollar bond buyback
The outstanding for this bond stands at $520 million, according to data from LSEG
 "Adani Ports sees more offers worth $213 mn at dollar bond buyback")
Bond auction: 9 states borrow Rs 19,500 cr; Tamil Nadu tops the list
The Reserve Bank of India (RBI) data showed that Tamil Nadu raised the highest amount of Rs 4,000 crore through two bonds
Bond auction: 11 states borrow Rs 19,000 cr; Tamil Nadu tops the list
The Reserve Bank of India (RBI) data showed that Tamil Nadu raised the highest amount of Rs 5,000 crore through two bonds
 "Bond auction: 11 states borrow Rs 19,000 cr; Tamil Nadu tops the list")
Bond auction: 9 states borrow Rs 16,200 crore, Tamil Nadu tops list
According to Reserve Bank of India (RBI) data, Tamil Nadu raised the highest amount - Rs. 4,000 crore through two bonds in the current auction
RBI to issue new 5-year bond on April 6, seeks to raise Rs 8,000 cr
The Central government has indicated that it wants to mobilise up to Rs 33,000 cr through auction of three securities maturing in 2028, 2033 and 2052
 "RBI to issue new 5-year bond on April 6, seeks to raise Rs 8,000 cr")
Reserve Bank of India to conduct auction of 10-year govt bond on Friday
The government will sell a notified amount of Rs 28,000 crore worth of three securities on Friday
 "Reserve Bank of India to conduct auction of 10-year govt bond on Friday")
