Debt Market
Debt mutual funds log Rs 40K-crore inflow before tax tweak cut-off
Investors snap up popular medium- to longer-duration debt funds to lock in higher returns
 "Debt mutual funds log Rs 40K-crore inflow before tax tweak cut-off")
Taxing capital: Withdrawal of debt LTCG benefits should have been debated
The govt's step could push investors to choose riskier equity, or to fall back on bank deposits, thereby negatively impacting the debt market which actually needs to grow, writes T N Ninan
HDFC's exit to ease fund-raising conditions for high-rated finance firms
It may also compress the spread for debt instruments floated by HFCs over 10-year govt bonds, subject to demand and supply conditions
 "HDFC's exit to ease fund-raising conditions for high-rated finance firms")
TMS Ep388: SVB collapse, Apple India, debt investments, deposit insurance
Does SVB collapse pose a contagion risk for India? Why is Apple so bullish on India? Is it time to shift focus from equities to debt? What is deposit insurance? All answers here
 "TMS Ep388: SVB collapse, Apple India, debt investments, deposit insurance")
India setting up $4 billion fund to backstop corporate debt market
The government will provide 90% of the money for the fund, and other asset managers would contribute the rest, deputy managing director D.P. Singh said
 "India setting up $4 billion fund to backstop corporate debt market")
Debt market moves on from practice of aggressively-priced new 10-year bonds
New 10-year coupon at 7.26%; easing inflation offset by large bond supply
 "Debt market moves on from practice of aggressively-priced new 10-year bonds")
Invest in long-term debt? Dynamic bond fund managers on the fence
In November, nearly half the dynamic bond fund (DBF) schemes raised the allocation to medium-to-longer-duration papers
 "Invest in long-term debt? Dynamic bond fund managers on the fence")
HDFC Bank likely to raise Rs 15,000 cr via tier-2 bonds, largest this FY
Lenders return to debt market as yields soften and credit demand booms
 "HDFC Bank likely to raise Rs 15,000 cr via tier-2 bonds, largest this FY")
Selecting a target maturity fund based on your horizon and risk appetite
Constitution of underlying indexes doesn't matter since all the three categories of bonds they invest in are safe
 "Selecting a target maturity fund based on your horizon and risk appetite")
Strengthening debt market on Sebi's agenda, says Ananth Narayan
The market capitalisation of the equity market is almost Rs 290 trillion, but the corporate outstanding is at Rs 40 trillion, indicating more traction is needed on the debt side
 "Strengthening debt market on Sebi's agenda, says Ananth Narayan")
Banks go slow on bond sales as rising interest rates push up costs
The decision to go slow on these fund-raising plans - despite the booming credit growth - came at a time when bond market conditions turned turbulent
 "Banks go slow on bond sales as rising interest rates push up costs")
Measuring worth: Front-row seats to high return-on-equity stocks
A portfolio of richly valued RoE stocks is expected to outperform the broader market over the longer term.
 "Measuring worth: Front-row seats to high return-on-equity stocks")
In call with bankers, Musk pledges to close Twitter deal by Friday
Elon Musk pledged to close the acquisition of Twitter Inc. by Friday in a video conference call with bankers helping fund the deal
 "In call with bankers, Musk pledges to close Twitter deal by Friday")
India's real rate shouldn't be more than 1%: MPC member Ashima Goyal
In a Q&A, she says the interest differential with US does not matter so much because India has caps on interest sensitive inflows. Overseas investment is a very low share of the country's debt market
 "India's real rate shouldn't be more than 1%: MPC member Ashima Goyal")
Indian corporates flood debt market to raise funds ahead of second half
Indian companies and banks have raised around Rs 35,000 crore ($4.39 billion) from Sep. 1 to Sep. 7, slightly short of the Rs 45,000 crore raised in August
 "Indian corporates flood debt market to raise funds ahead of second half")
HDFC Bank, SBI AT-1 rates set to influence pricing of other issuances
The bonds will have a call option from the fifth year onwards and are rated AA+ by CRISIL, CARE and India Ratings, sources said
 "HDFC Bank, SBI AT-1 rates set to influence pricing of other issuances")
Goldman bets on Indian bond-swap spreads tightening, recommends 5-yr bonds
Goldman Sachs is recommending a spread trade in Indian debt markets that will help investors cash in on bullishness in the bond market
 "Goldman bets on Indian bond-swap spreads tightening, recommends 5-yr bonds")
Higher FD rates will not lure equity market investors for now: Analysts
Over the past few years, the return from the stock market has been far higher amid abundant liquidity that poured in from foreign and domestic investors
 "Higher FD rates will not lure equity market investors for now: Analysts")
Yubi ties up with U GRO Capital for co-lending and supply chain financing
Through this collaboration, the brands will provide MSMEs with financing of more than Rs 2,000 cr by March 2023
 "Yubi ties up with U GRO Capital for co-lending and supply chain financing")
Defaulting firm's debt includes both principal and interest: NCLAT
Case related to a company that challenged insolvency proceeding against it for delaying payments to borrower
 "Defaulting firm's debt includes both principal and interest: NCLAT")
