Bonds

The 10 year g-sec yield is expected to be at 7.0 per cent as against 7.21 per cent currently by end March 2024

The currency opened at 82.08 a dollar as against Monday's close of 82.33 due to weaker job data in the US and went on to touch 81.92 levels on corporate inflows

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

The book-building process would go through the day, when the final coupon rate and quantum would be closed, merchant bankers said

The yield fell 14 basis points in March, its first monthly fall since November, but rose 48 bps in fiscal 2023, and recorded its third consecutive rise

The issuance of tier II as well as Tier I bonds was marked by increase in the coupon on instruments reflecting hardening of interest rates and tight liquidity

Citi expects states to borrow around 8.7 trillion rupees, and the crowding out is likely to prompt investors to demand higher returns for state bonds

Shields banks from adverse impact from bond portfolio

Karnataka will for polls on May 10. Votes, as per the Election Commission schedule, will be counted on May 13

It would raise capital by issuing AT-1 bonds upto Rs 7,000 crore and tier- II Bonds up to Rs 5,000 crore, in one or more tranches

Foreign investors have bought government bonds worth Rs 152.50 billion ($1.85 billion) on a net basis since November.

The company in a public statement said that over the past financial year, it had refinanced $525 million in the domestic markets ahead of the March 2024 maturity

Municipal bonds can play an enabling role

Municipal bonds are primarily issued to raise money for financing infrastructure projects like building parks, libraries, schools, police departments and community centres

Surat, Vizag may issue bonds soon as Centre renews urban infra focus

Experts feel debt MFs will be more relevant in a falling interest scenario and work well for those who aren't sure about their investment horizon

State-owned Power Grid Corporation's board has approved rasing up to Rs 600 crore through bonds to be issued on private placement basis. "Committee of directors for bonds, in their meeting held today i.e. on 24th March, 2023, have approved the raising of unsecured, non-convertible, non-cumulative, redeemable, taxable POWERGRID Bonds-LXXII (72nd) issue 2022-23 on private placement up to Rs 600 crore by securitisation of cash flows of 10 years i.e. till FY 2032-33 of its operational SPV (special purpose vehicle) viz. 'POWERGRID NM Transmission Ltd' (PNMTL)," a BSE filing stated. It showed that the total issue size is Rs 600 crore, which includes base issue size of Rs 100 crore and green shoe option of Rs 500 crore. The bonds will be listed at BSE and/or NSE. Bonds are redeemable at par in 40 equal instalments and interest payment on quarterly basis, it stated.

About 60 per cent of banks' investment book is in the HTM portfolio, analysts at Macquarie Research wrote

UBS is buying the bonds at the price at which they were sold rather than at market prices, which compensates investors after the sell-off earlier this week

The wipeout of $17 billion worth of AT1 bonds in the UBS-Credit Suisse deal has spooked investors as they now assess if this can happen to their AT1 holdings in other banks as well