Page 18 - Bonds

Govt likely to face shortfall of Rs 10 trn due to coronavirus: Subhash Garg

Elaborating on the fiscal situation, the former finance secretary said that indirect taxes, GST, excise duty on petroleum products and customs will under-perform

Will market recover? Indian stocks lose premium to bonds amid global crisis

The 25% tumble in the index has meant that stocks currently offer an earnings yield of about 5.25%, compared with the domestic benchmark 10-year yield of about 6.50%

PNB looks to tap market in Q3FY21; may raise capital via FPO, rights issue

The government provided Rs 16,091 crore to PNB and Rs 1,666 crore to United Bank of India in September for enhancing the capital base of these two lenders

Writedown of YES Bank's additional AT-I bonds will result in risk aversion

According to ICRA's estimates, Rs 93,669 crore of AT-I bonds are outstanding as of now

YES Bank fallout: Retirees stare at a gaping hole in their savings

Investors include armed force veterans, govt employees, IT sector staff

Adani Electricity Mumbai concludes $1-billion bond issuance

The bonds were subscribed by investors from across the globe

Power Finance Corporation's $750-million bonds gets over-subscribed

First government company to issue bonds with more than 10 years tenure

A record Rs 5.9 trillion bond bill is looming over Indian companies

While there are tentative signs of recovery in certain areas of the shadow bank sector, a funding squeeze has kept borrowing costs high

Shriram Transport to issue second tranche of bonds, raise up to Rs 1,000 cr

The base size of the issue is Rs 200 crore with an option to retain oversubscription aggregating up to Rs 1,000 crore

PNB raises Rs 1,500 cr via bonds, funds to be used for business expansion

The lender has issued 15,000 redeemable Basel III compliant Tier II bonds in the nature of debenture of Rs 10 lakh each, it said

Piramal Enterprises to raise Rs 2,750 cr via bonds in multiple tranches

Piramal Enterprises said the money can be raised in one or more tranches from time to time.

Govt to retain over-subscription in both offerings of Bharat Bond ETF

Both three-year and ten-year series received bids in excess of the base issue size

RBI's 'Operation Twist' promise drags down long-term yields sharply

If the central bank made it a one-off exercise, then the yields should climb back, the bond dealers said

10-year bonds rally from 3-month low as RBI brings in 'Operation Twist'

The Reserve Bank of India will buy 100 billion rupees ($1.4 billion) of the 6.45 per cent 2029 debt and sell an equal amount of notes maturing next year in an auction on Monday.

Bank of Baroda raises Rs 1,747 cr by issuing Basel III-compliant bonds

To comply with Basel III capital regulations, banks need to improve and strengthen their capital planning processes.

Indian bonds are the worst-performing in Asia and they may fall further

The Reserve Bank of India's shock hold on rates had sparked the worst weekly fall in bond prices in more than one-and-a-half years

Bond markets may face prolonged rout as RBI pauses its rate-cut spree

The decision by the Reserve Bank of India spurred speculation that it has run out of ammunition after slashing rates five times this year.

Flush with liquidity, RBI is quietly buying bonds from the open market

Till November 22, the central bank bought Rs 4,300 crore of bonds

Bank recapitalisation should be done through cash, not bonds: Rangarajan

According to him, the mode of recapitalisation that is being done now is through the issue of bond

ONGC raises $300 mn via bond at 3.375%, lowest rate by any Indian issuer

At 3.375 per cent interest rate, this is the tightest coupon for 10-year or longer tenor offering from India ever achieved by any Indian corporate