Apex bank buys nearly Rs 15,000 cr in just the 10-year bonds out of four securities scheduled in the OMO. It may have also intervened in the market
State development loan yields are rising in tandem with Centre's bond yield
There's a tug-of-war between the RBI and the bond market, as the central bank refuses to accept higher yields
Holding instrument till maturity could help in tackling volatility
India, in fact, will be the third nation in the world after the United States and Brazil, where retail participants can take direct exposure on the government bond market
Normally, the market eats out of the RBI Governor's hands but the size of the govt borrowing is killing its risk appetite
This would indicate that the Reserve Bank is moving towards a new equilibrium for yields, something Governor Shaktikanta Das considers as a "public good"
There is an outside chance of the central bank announcing a rate cut in its monetary policy on Friday, since growth at any cost remains the mantra
The government's proposal to create a permanent institutional framework to buy investment grade debt securities is a very positive step for debt mutual funds, experts said on Monday.
With the economy likely to grow at a nominal growth of between 15-16 per cent, the tax revenue increase of 16.7 per cent appears fairly achievable
In this podcast, we discussed the key announcements made by the finance minister about bank privatisation, asset reconstruction company and how bond market seeing the budget, why yields are rising
The bank has raised Rs 750 crore by issuing Basel III compliant bonds
Green bonds are a growing category of fixed-income securities that raise capital for projects with environmental benefits
They are joining borrowers globally that have been rushing to credit markets, after yields crashed following cash-boosting measures
The Exim Bank is in the international bond market with an over $1 billion dollar money issue, merchant bankers have said
There's growing consensus among traders that the RBI will have to start draining excess cash from the banking system, as abundant liquidity crashed short-term rates and threatened to stoke inflation
Under this mechanism, the government issues recapitalisation bonds to a public sector bank which needs capital. The said bank subscribe to the paper against which the government receives the money
Higher inflation tolerance will increase risks
Japanese real estate firm Hulic Co. recently joined a handful of borrowers worldwide in selling so-called sustainability-linked bonds, but the market's reception has been underwhelming
Central bank keeping yields soft through OMOs, outright bond purchases; coming out of this won't be easy, say experts