Page 3 - Government Bonds

Stocks stumble as Ukraine tensions increase, investors seek safety in bonds

Stocks fell on Thursday as investors took fright after Russia reports of firing in Ukraine, while traders sought safety in government bonds and oil clawed back some of its heavy early losses.

Yield on new 10-yr paper hardens by 8 bps over RBI cut-off point

The closing yield for the 2032 govt bond was 6.62% on Monday; RBI cut-off at auction was 6.54%

India Inc faces a risk to profits as bond yields go up 46 basis points

Historically, there is a negative correlation between the bond yield and India Inc's interest cost.

Foreign funds are steadily increasing exposure to Indian debt

Bond purchases by overseas investors under the uncapped Fully Accessible Route, climbed to Rs 35 billion ($476 million) in August, the highest this year

Tantrum fears fade as riskier EM bonds rise to defy taper talk

Fixed-income securities issued by South Africa, Turkey, Indonesia and India posted the biggest gains among 46 sovereign markets, returning at least 1.2% last month, excluding currency fluctuations

Corporate bond spreads widen 30-35 basis points in July over G-Sec

Corporate bonds are driven mainly by two factors - domestic liquidity and foreign portfolio flow

RBI to conduct Rs 20,000 crore open market bond purchase on July 8

The Reserve Bank of India (RBI) will conduct open market purchase of government bonds worth Rs 20,000 crore under the G-sec Acquisition Programme (G-SAP 2.0) on July 8

RBI likely to go against convention on raising funds through bonds

This gives credence to the theory that the central bank may not want to issue a fresh set of 10-year paper in a hurry and would rather continue with the existing security

Reserve Bank of India focuses on the 10-year bonds in G-SAP again

The RBI mopped up a record Rs 26,779 cr of the 10-year bond in pre-announced secondary market operation

Covid-led record defaults cloud India's resilient equities, bonds

Firms have defaulted on at least Rs 5,700 cr of domestic bonds this year, while Sensex hit 3-week high amid optimism on US vaccine support

FTSE puts Indian govt bonds on watch for possible index inclusion

The FTSE announcement is an acknowledgment of India's efforts to liberalize its sovereign bond market

How RBI should 'manage' the yield curve

None can question the central bank's policy of leaning against the rising yield but the problem is with the way it is being done

RBI balance sheet not compromised by liquidity operations: Shaktikanta Das

The centre and state governments likely to reduce taxes to bring down high fuel prices

Analysis: As bond selloff gets real, policymakers face fresh headache

The selloff has even engulfed Europe

Unified bond markets to allow us of common infra: Sebi chairman

Unification of government bond and corporate bond markets will enable the trading of such securities on the same platform, said Sebi chairman Ajay Tyagi

With high interest rates likely, investors need to avoid long-term funds

Shorter-duration funds will benefit from being able to reinvest at regular intervals

Explained: Why is a rise in bond yields a concern for everyone?

A rise in sovereign bond yields means a rise in the interest rate in the economy

Message from market

RBI must be mindful of inflation risks of higher borrowing

Interest cost for state loans soars to 11-month high of 7.19%

Despite near record low interest rates, the pricing of state government bonds skyrocketted to an 11-month high of 7.19 per cent, at the latest auction of Rs 23,806 crore market borrowings on Tuesday

RBI's special auction on Friday to sell bonds it wouldn't part with earlier

Central bank will sell Rs 11,000 cr each of 10-yr and 5-yr bonds on Thursday; Govt has kept Rs 2,000 cr green shoe in each; on Friday, RBI will auction Rs 26,000 cr of bonds as per prior plan