Page 3 - Sovereign Bonds

Modi's Hindutva supporters, critics came together to oppose dollar bond

Now that $10 billion in subscription checks won't be coming in October, the domestic Indian bond market will feel the pressure of higher borrowings locally by the government

Retirement decision not linked to transfer, says ex-finance secy S C Garg

He says no one in govt had opposed sovereign bonds

Will think 'deeply' on issuing sovereign bonds, says CEA Subramanian

The BJP-led govt announced in the Budget that it will raise a part of its market borrowing by issuing foreign exchange-denominated bonds in overseas markets

No one questioned Sovereign bond issuance: Power Secy S C Garg

Says sovereign bonds were aimed at easing pressure on domestic availability of resources; 19 of the twenty G-20 nations are already issuing them

Bond yields surge on buzz that PMO is opposed to sovereign bonds

Subhash Chandra Garg's transfer to the power ministry, from being economic affairs secretary, also fuelled the speculation, even as there was no official announcement on this

PMO wants FinMin to restudy issuing of overseas sovereign bond: Report

This month, Finance Minister Nirmala Sitharaman said in her budget speech that India would look to issue overseas foreign currency sovereign bonds

India's planned maiden $10 bn foreign debt sale mired in confusion

According to reports, the PMO is opposed to selling debt in foreign currencies

Govt to raise a major chunk of foreign borrowing via 30-year bonds

Finance Minister Nirmala Sitharaman announced that India was looking to raise around $10 billion via overseas foreign currency sovereign bonds in the current fiscal year

Ex-RBI chief backs govt's plan to raise $10 bn from first foreign bond sale

Former Reserve Bank of India Governor Bimal Jalan joined the debate on whether or not the nation should go for an offshore bond sale

Sovereign bond yields to consolidate ahead of monetary policy review: DBS

The Reserve Bank's next policy review meet is scheduled to be held from August 5th to 7th

Govt's plan to sell its first foreign sovereign bonds a risky money idea?

A key nationalist ally of Modi's ruling Bharatiya Janata Party has called the proposal a 'dangerous idea', which could lead India into a debt trap

Sovereign bonds: The big picture

India must work on a road map towards capital account openness, in which sovereign bond is back-loaded, not front-loaded

The benefits and drawbacks of tapping overseas markets for sovereign bonds

Critics fear India will pay the price Latin American nations did, in case of a global slowdown; supporters say the Centre is poised to further reduce cost of capital

'Anti-patriotic': RSS wing says India must not issue foreign currency bonds

They say it is anti-patriotic as it could create long-term risks for the economy, potentially allowing rich foreign nations and their financial institutions to dictate the country's policies

Govt may issue sovereign bonds in phases, first lot to be of $3-4 billion

The bonds will likely be simultaneously launched in major financial centres such as London, Singapore, Hong Kong, New York and others

India's sovereign bond yields may drop to lowest since 2009: Deutsche Bank

Sovereign bonds have rallied in India, with the 10-year yield falling to its lowest since 2017.

Here's why govt's plan to float sovereign issue has divided the bond market

The issue of raising bonds overseas has come up several times in discussions

Right time for govt to raise funds through sovereign bonds: CEA Subramanian

Finance ministry officials said the government could raise about 10-15% of proposed Rs 7.1 trillion government borrowings this fiscal year through sovereign bonds

Budget 2019: Why India is launching its first ever sovereign bond

While sovereign bonds may help India get loans overseas at lower interest rates they are susceptible to exchange rate fluctuations

Politics, fiscal slippage a concern ahead of Lok Sabha elections 2019

The yield on India's 10-year debt dropped 66 basis points in the December quarter