While Adani denies any wrongdoing, the capital markets blowback is brutal
Bond yields have eased over the last few sessions, after the Reserve Bank of India's board last week approved the transfer of a record 2.11 trillion rupees as surplus to the government
The gains will be capped as the central bank's record surplus transfer to the government has boosted market sentiment
The government has bought back securities aggregating to only around Rs 17,900 crore ($2.15 billion), against notified quantum of Rs 1.60 trillion in May
Yields declined on Monday tracking a drop in US yields, as traders turned optimistic on the Federal Reserve's rate cuts during the year after weaker-than-expected April nonfarm payrolls data
Bond yields declined in the first two days of the week, before giving up some of the fall on Wednesday, as oil prices and US yields continued to be around levels where a further upside is possible
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
Indian bonds have rallied over the past three months, fueled by overseas inflows ahead of global index inclusion starting June
Capital markets regulator Sebi on Friday restricted online bond platform providers from offering products other than listed debt securities on their platforms. In addition, the regulator allowed them to offer securities such as Government Securities, Treasury Bills, listed Sovereign Gold Bonds, listed municipal debt securities, and listed securitised debt instruments on their online bond platforms, according to a circular. Under the rules, Online Bond Platform Providers (OBPPs) need to register themselves as stock brokers in the debt segment of the stock exchange. OBPs offer an avenue for investors, particularly non-institutional investors to access the bond market. While restricting products offered on an online bond platform, Sebi reiterated that an entity acting as an online bond platform provider would cease to offer on its platform or any other platform website, products or services not permitted under the rules. It, further, said that the holding company, subsidiary, or ...
India aims to borrow gross Rs 15.43 trillion ($187.85 billion) through a sale of bonds in the next financial year beginning April 1, up from the Rs 14.21 trillion raised this year
In a uniform price auction, traders are wary of bidding at price levels that are way off the prevailing price of a bond in the secondary market
According to bond traders, the RBI's NDS-OM platform suffered technical issues between 9:05 am and 10:08 am IST, which led to trade almost coming to a halt during that period
Bulk of CBDC wholesale pilot trading concentrated in liquid 5-yr, 10-yr bonds
SBI, BoB hammer out first gilt deal using digital rupee; 48 transactions carried out
Green bonds are a growing category of fixed-income securities that raise capital for projects with environmental benefits
Singapore-based bond exchange, BondEvalue, developed by India-origin entrepreneurs, is targeting to launch a blockchain-platform in the New Year to facilitate investment in bonds by individuals
The additional borrowing could take full-year issuance to a new high of 13 trillion rupees from the current 12 trillion rupees target, according to Bloomberg calculations
The central bank in August already approved a record Rs 1.76 trillion ($24.4 billion) payout to the government
A gauge of volatility for India's 10-year sovereign bonds rose to an eight-month high
In order to improve access to long-term finance, the government would be setting up an organisation to provide credit enhancement for infrastructure and housing projects