Page 2 - India Bond

Bonds in India rally as interim Budget surprises with lower borrowings

Bonds also got a boost from a reduction in the government's fiscal deficit target to 5.1 per cent of gross domestic product versus an estimate of 5.3 per cent in the survey

Banks urge return to call option valuation for perpetual bonds: Report

They added that the recommendation was currently under review with the NFRA, a regulator that oversees auditing, which will submit its views to a panel of top regulators

Stars align for Indian sovereign bonds after first yearly gain since 2020

The benchmark 10-year sovereign yield fell 15 basis points last year, the most in three years.

Govt bond yields track US peers lower on expectation of political stability

The probability of a rate cut in March is above 66% and traders are near certain of a cut in May, which pushed the US 10-year yield to a three-month low. It was last around 4.25%

Reliance Industries raises Rs 20,000 cr in largest local bond sale

Reliance Industries has paid less than what state governments have for similar issues in the recent past, indicating an "ultra-strong appetite" for high-rated longer-duration papers, bankers added

Vedanta confident of meeting $2.2 billion debt obligations before March-end

According to the company executives, debt worth Rs 4,200 crore is up for repayment at Vedanta Ltd level in the current quarter, and another Rs 5,500 crore is due in the fourth quarter

India debut 50-year bond fully sold on increasing insurer demand

The government sold Rs 10,000 crore ($1.2 billion) of the 2073 bond at a cutoff yield of 7.46 per cent, the Reserve Bank of India said in a statement

BNP Paribas upbeat on India bonds after JPMorgan inclusion, sees 10-yr high

"The muted reaction currently is due to weak global risk appetite," Sambor, who said inflows could rise if India becomes a part of other global indices

Yield at state govt bonds auction eases by 16 bps; 4 states raise Rs 6K cr

This is only a third of the indicated amount of about Rs 18,900 crore. Tuesday was the last weekly auction of April 2023

Bank of Maharashtra likely to sell Rs 1000 crore of AT-1 bonds

Over the last couple of weeks, banks have made a beeline to raise funds by issuing debt instruments

Banks go slow on bond sales as rising interest rates push up costs

The decision to go slow on these fund-raising plans - despite the booming credit growth - came at a time when bond market conditions turned turbulent

Bharat Bond ETF cross Rs 50,000 crore assets under management mark

Bharat Bond Exchange Traded Funds, a central government initiative, have crossed the Rs 50,000 crore asset under management mark in just two-and-a-half years, Edelweiss Mutual Fund said on Wednesday. The fund house manages Bharat Bond Exchange Traded Funds (ETFs). The overall passive debt category has crossed Rs 1.15 lakh crore mark at the industry level this growth was kickstarted by the launch of the first tranche of the Bharat Bond ETF in December 2019, according to a statement. So far, five tranches of Bharat Bond ETFs have been launched. There are 5 different maturities offered by the fund ETFs -- 2023, 2025, 2030, 2031, and 2032 -- which can help investors to choose the right maturity according to their needs. "The success of Bharat Bond ETFs is a testament to the financial strength of PSUs and the trust that they inspire in investors. We are happy that our maiden debt ETF has achieved phenomenal success," Tuhin Kanta Pandey, Secretary DIPAM, Ministry of Finance, said. The

Sovereign Green Bonds: What lessons can India draw from other nations

As of mid-2022, there are 26 countries with combined volumes of $227 billion in sovereign green debt

India, Indonesia debt outperforms China despite volatile global markets

The two countries' sovereign debt only lost 0.4% and 1.5% respectively for dollar-based investors in the third quarter, less than other emerging markets in Asia including China

Small portfolio investors cold to India's inclusion in global bond indices

If India is included in the global bond indices, it could ensure potential inflows of up to $30 billion into Indian fixed-income securities

Govt not keen on India's inclusion in global bond indices: FinMin official

Finance ministry official says not engaged in dialogue regarding it

SBI raises Rs 4,000 crore via tier-2 bonds at cutoff rate of 7.57%

Lender claims overwhelming response from investors, with bids of Rs 9,647 crore; issue oversubscribed 5x against base size of Rs 2,000 crore

Global bond index providers reach out to India amid geopolitical shifts

Recent rally in bonds despite US bond selloff signals optimism on global index inclusion

Buoyed by demand, banks want more long-term gilts, but RBI may not yield

Apart from long-term bonds, the market participants also requested the central bank to reduce issuance of floating-rate bonds and cap sizes of weekly primary auctions to Rs 30,000 crore

India bond yields up for fourth day in a row as inflation, US yields weigh

The benchmark 10-year government bond yield ended at 7.2811%. The yield has risen 9 basis points in last three sessions and had ended at 7.2702% on Monday.