Page 8 - Bond Market

RBI to extend trading hours to 3:30 pm from 2 pm starting November 9

Move follows graded roll-back of lockdown and easing of curbs on movement; restoration of trading hours to be done in phases

Robust legal framework key for development of surety bonds market: IRDAI

An IRDAI working group has made a case for a robust legislation and ecosystem keeping in view the best international practices for promoting development of the surety bonds markets in the country.

As Modi govt revises borrowing plan, yields on 5-year bonds move upwards

Bond dealers not very alarmed as this brings to an end the uncertainty on state and government GST compensation drama for now

Modi govt's enhanced market borrowing plan may roil the bond market

The pandemic has ravaged revenues of both the federal and state governments and pushed the economy toward the worst contraction on record

Bond market cheers as RBI accepts full Rs 20,000 cr in first outright OMO

The central bank received bids for Rs 1,13,654 crore, or over 5x the Rs 20,000 crore amount on offer

RBI governor urges bond market to cooperate, announces outright OMO support

While not exactly announcing an OMO calendar for secondary-market bond purchases, the OMO size has been doubled to Rs 20,000 crore in each operation

Centre keeps borrowing programme unaltered at Rs 4.34 trillion in H2

To borrow Rs 4.34 trillion in 16 weekly tranches till Jan-end for the second half of the financial year

Bond traders in India brace for likely borrowing hike to Rs 6 trillion

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

Explainer: What does foreign access to China's $16 trn bond market mean?

China scrapped quotas for QFII and RQFII in June, to give qualified foreign institutions unlimited access to Chinese stocks and bonds

RBI gets more elbow room for bond purchases as banks return borrowed money

The Reserve Bank of India on Thursday said it would buy 100 billion rupees ($1.4 billion) of bonds from the secondary market on Sept. 24

Amid Centre-states GST row, a white-knuckle moment for bond markets

Centre-state GST equation to be keenly watched

Bond traders in India on edge again amid conflicting signals from RBI

The RBI also said it would inject one trillion rupees via 56-day repo operations while offering to take back longer duration one- and three-year cash

A gloom-and-doom scenario: Why Bond market loves India's tax mess

The Reserve Bank of India has told banks that if they buy another 3 trillion rupees ($41 billion) of government bonds, they can park them in a bin that doesn't have to be marked to market

High-yield contest in new phase as Indonesia-India spread jumps

Indonesia's 10-year bond yield climbed three basis points on Wednesday to 6.89%, after India's slid 18 basis points the previous day to 5.94%

RBI intent to check yields, bat for stronger rupee sparks bond market rally

Rupee closes at 72.87 a dollar, up 1.03% from previous close of 73.62. The 10-year bond yields shed 18 bps to close at 5.942 per cent from previous close of 6.117 per cent

GST compensation row: FM's 'act of God' can be a nightmare for RBI

The government has invoked "act of God" for not paying its due to the states directly

Severe shock to consumption, economy will take longer to recover: RBI

"Retrenchment in activity that is unprecedented in history," says the annual report released by the central bank

Stimulus to ease funding burden for India's weakest firms in Covid era

Yield premiums on 10-year rupee bonds ranked BBB have dropped about 80 basis points from an 11-year high in late March

RBI sends signal to traders that bond yields may head higher in debt sale

The Reserve Bank of India sold a 30-year bond on Friday at a cutoff yield of 6.7596 per cent, versus the 6.65 per cent estimated in a Bloomberg survey

'Bond market investors are likely to chase yields in the coming months'

The RBI may need to step in with larger purchases soon to keep yields from rising.This size of weekly auction can be absorbed in the market only if there is confidence on low yields, he says