HDFC is stepping up borrowing from notes because its merger with HDFC Bank Ltd. will make accessing the bond market more difficult
Foreign investors pump in Rs 51,000 cr; near-term flows to hinge on rupee, bond movements
Bond yields fall as HDFC's Rs 10,000 crore debt sale plan propels custodian flows
On Monday, the rupee had slumped by 24 paise to close at an over nine-week low of 75.60
The US Federal Reserve said it would start its tapering later this month
The government and the RBI have been engaging with global bond index providers such as Bloomberg, JP Morgan and FTSE for inclusion of government bonds
Central bank seeks to keep the government's borrowing costs low, while investors are demanding higher yields.
Govt has raised over Rs 1.19 trillion against existing bond, a limit after which a new paper is issued to ease redemption pressure
India's benchmark 10-year bond yield was trading at 5.96 per cent by 0852 GMT, down 1 basis point on the day
More cash for shadow banks is good news for the Indian economy, which relies on these firms to provide financing to everyone from tailors to business giants
Would increase compliance burden for tax payment
The 10-year bond yields closed the year at 6.555 per cent, from its January 1 level of 7.418 per cent. Bond prices rise, yields fall.
The rupee started at 69.44 a dollar, and on December 27, closed at 71.32 a dollar.
Air India last week sought fee bids from bankers as it looks to borrow as much as Rs 70 billion by March 31