Page 2 - Debt Securities

SBI Card plans to raise up to Rs 2,000 crore through debt securities

The firm looks to issue debt securities in one or more tranches

Govt move to buy investment grade debt securities positive step: Experts

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.

Shriram Transport Finance plans to raise funds via debt securities

Shriram Transport Finance Company on Tuesday said its board will meet next month to consider raising funds through the issuance of debt securities

NSE launches new version of RFQ platform to cater to bond markets

To cater to requirements of bond markets, leading stock exchange NSE on Monday launched the new version of Request for Quote (RFQ) platform.

LIC Housing plans to raise Rs 50,500 crore by issuing debt securities

The proposal will be taken up at its annual general meeting on September 28 for approval from shareholders

HDFC Bank gets shareholders' nod for raising Rs 50,000 cr via debt

Last month, the board cleared capital proposal to be carried out over the next twelve months

Sebi relaxes compliance norms for entities planning to list debt securities

The decision has been taken after Sebi received representations from listed entities seeking extension of time for listing their debt securities pending finalisation of their annual accounts for FY20

Sebi extends compliance deadline for municipal bonds to July 31

The relaxation pertains to submission of investor grievance report, financial results and accounts maintained by issuers under ILDM Regulation, Sebi noted in a circular

Sebi lays down operational framework for transactions in default debt

Experts say the move can help mutual funds sell debt papers, which have defaulted to distressed funds

Fell short of mandatory borrowing through debt securities in FY20: PNB HF

The housing finance company (HFC) said its incremental borrowing last fiscal was Rs 21,870 crore

After Franklin fiasco, unlisted debt securities come under Sebi scrutiny

Industry estimates suggest Rs 5,700 crore exposed to such papers

Change in debt valuation norms from April 1 to impact liquid schemes

Market participants said that some volatility has already been factored in the schemes

Tata Steel committee of directors approves raising Rs 670 cr via NCDs

A total of 6,700 non convertible debentures of face value Rs 10,00,000 each would be issued

New debt disclosure norms to improve transparency, say fund managers

Legal experts said the move to specify penalties for default in payment or delay in listing in the term-sheet will bring in more legal sanctity

The curiously persistent rise in inter-scheme transfers of debt securities

MFs transferred over a trillion rupees worth of paper between schemes last year

Sebi allows Reits, InvITs to issue debt securities

Capital market regulator Securities and Exchange Board of India (Sebi) on Monday allowed infrastructure investment trusts (InvITs) and real estate investment trusts (REITs) raise capital by issuing debt securities. The Sebi board, at its meeting on Monday, also made several other relaxations to the InvIT and REIT framework to give a boost to the stalled infrastructure projects in the country.InvITs and REITs is an investment vehicle that allows investors take exposure to an income-generating infrastructure project or real estate property. Current framework allowed launch of equity-oriented REIT and InVIT, which offered only indicative yield but not a fixed yield. Issue of debt-oriented REIT and InVIT will offer a fixed-return to investors, which could give a fillip to these instruments, said bankers. Further, Sebi has extended the concept of 'strategic investor' for REIT. Currently, it was only allowed for InVITs, which has seen two issues in the domestic market. It also allowed ...