BOND SALES
India bond yields may see further uptick as US peers jump Indian bond yields expected to increase amidst renewed Treasuries selloff. Benchmark 10-year yield likely to stay within 6.99%-7.03% range. U.S. yields rising, with expectations of a 46 bps rate cut by the Fed in 2024.
02 Jul, 2024, 08.36 AM ISTStates to sell 2.64 lakh crore of bonds in July-Sept Centre to issue T-bills worth Rs 2.60 lakh crore in Q2. In an indicative calendar released by the RBI on Friday, the central bank announced 13 sets of auctions in July-September through which states plan to sell bonds and raise funds.
29 Jun, 2024, 08.03 AM ISTRate sensitivity on the rise in PSB portfolios "The AFS (available for sale) portfolio's sensitivity (PV01) increased for PSBs (public sector banks) and FBs (foreign banks) since September 2023, while it declined for PVBs (private banks)," the Reserve Bank of India (RBI) said in its June 2024 Fi...
29 Jun, 2024, 07.33 AM IST- ADVERTISEMENT
ICICI Bank raises Rs 3,000 crore through 10-year infra bonds Funds raised through infrastructure bonds, which have a minimum maturity of 7 years, are exempted from the maintenance of Statutory Liquidity Ratio and Cash Reserve Ratio.
28 Jun, 2024, 08.09 PM ISTRBI's new valuation rule may hit banks' trading gains in Q1 Government bond yields have declined in the current quarter due to foreign inflows ahead of inclusion of domestic debt in JPMorgan's emerging market index. Yields on the 10-year benchmark government bond were at 6.99% on Thursday, down from 7.05% at...
28 Jun, 2024, 05.59 AM ISTSBI raises Rs 10,000 cr via bond sales to fund infra projects Separately, ICICI Bank is likely to carry out a sale of infrastructure bonds on June 28, with the private lender looking to raise up to ₹3,000 crore through 10-year securities, debt capital market sources said. SBI's infrastructure bonds, which matu...
27 Jun, 2024, 06.14 AM ISTSBI plans to raise Rs 10,000 crore via infrastructure bonds on Wednesday state Bank of India plans to raise up to Rs 10,000 crore through the issuance of 15-year infrastructure bonds as the country’s largest lender looks to garner long-term capital at a time when demand for loans continues to outstrip growth in deposits.
24 Jun, 2024, 06.13 PM ISTVedanta mulls 1st dollar bond sale of $500 million The bond sale could climb to $1 billion depending on the response from investors, according to one of the people. The company is also exploring other avenues of fundraising, including equity sales and local currency loans from domestic banks, the pe...
24 Jun, 2024, 12.31 PM ISTHinduja Group starts bond sale process to fund Reliance Capital buy Barclays Plc and 360 ONE have been appointed as arrangers and underwriters for the issuance, according to sources who requested anonymity due to the private nature of the discussions. The arrangers began the syndication process last week to attract ...
20 Jun, 2024, 06.32 PM ISTSBI plans to raise Rs 20,000 cr via long-term bonds in FY25 SBI to raise ₹20,000 crore long-term bonds this fiscal via public or private placement.
20 Jun, 2024, 07.41 AM ISTBank of Maharashtra eyes tier-II bond sale worth Rs 1,000 crore The state-owned lender looks to garner long-term funds at a time when credit growth is stronger than deposit growth.
19 Jun, 2024, 07.56 PM ISTFurther decline in US bond yields pushes Indian peers lower Indian government bond yields fell as U.S. Treasury yields dropped on rate cut expectations. India's 10-year yield was at 6.9779% by 10:00 a.m. IST.
14 Jun, 2024, 10.12 AM ISTRBI to face problem of plenty: Prepare for bond sales The RBI's challenge for the year may not be inflation but liquidity. Government spending resumption and overseas fund flows complicate monetary policy effectiveness.
03 Jun, 2024, 07.28 AM ISTRBI, govt accept no bids at first sovereign green bond auction of FY25 With the Centre sitting on a considerable cash surplus at the moment, it had likely opted to cancel the green bond auction than settle for a lack of a premium, or “greenium” at the auction. The government had planned to raise Rs 6,000 crore through ...
31 May, 2024, 10.17 PM ISTForeigners boost India corporate debt buying before govt bond index inclusion Foreign investors show increasing interest in Indian rupee-denominated corporate debt ahead of the inclusion of Indian government securities in a global bond index, expecting passive inflows of around $25 billion. Recent data highlights purchases in...
28 May, 2024, 12.43 PM ISTSP Group arm Goswami Infra sweetens bond deal Shapoorji Pallonji Group offers ₹400 crore more to Goswami Infratech bondholders to extend deadline for meeting covenants on ₹14,300 crore borrowings. The company seeks a 4-month window to sell assets, ensure payment of ₹1,400 crore interest at 18.7...
20 May, 2024, 09.02 AM ISTBig Funds bet the ‘anything but bonds’ trade is poised to end US bond investors increase positions in long-dated high-grade corporate bonds, expecting gains from future interest rate cuts. Market attention is on upcoming bond sales and key economic data releases globally. The “anything but bonds trade” may now...
19 May, 2024, 09.18 AM ISTAsian junk bond sales are hottest in five years on India boom Regional sales of such corporate notes, outside of Japan, touched $5.9 billion so far this year, already surpassing $4.4 billion in all of 2023, according to Bloomberg-compiled data. Indian borrowers have topped the share of sales so far this year, ...
09 May, 2024, 12.33 PM ISTIndian bond yields track US yields higher before debt sale The benchmark 10-year Indian yield was at 7.2203% as of 10:00 a.m. IST, following its previous close at 7.2061%.
26 Apr, 2024, 10.16 AM ISTMultiple price auctions show confidence in g-sec demand The multiple price auction method was suspended by the RBI for most debt auctions in July 2021 amid severe market volatility due to sharp increases in government borrowing during the COVID crisis. While the method encourages deeper price discovery f...
09 Apr, 2024, 05.49 AM IST