Fixed Income News

IIFCL's Rs 200cr tax free bonds issue to open on Monday  

23 Feb 2013, 6.19 pm  |  Source: Moneycontrol.com

The tranche II of tax free bonds issue of India Infrastructure Finance Company (IIFCL) will open for subscription on Monday, February 25, 2013. The co...

Subscribe to HUDCO tax free bonds issue, says ICICIdirect  

23 Feb 2013, 5.12 pm  |  Source: Moneycontrol.com

ICICIdirect.com has come out with its report on Housing and Urban Development Corporation (HUDCO) tax free bond. According to the research firm, the c...

IRFC’s Rs 1,000cr tax free bonds issue to open on Feb 25  

22 Feb 2013, 3.16 pm  |  Source: Moneycontrol.com

State-owned Indian Railway Finance Corporation (IRFC) will launch its tax free bonds issue of Rs 1,000 crore of face value of Rs 1,000 each on Monday,...

Corporate bonds: Companies may pay higher cost for funds  

22 Feb 2013, 2.49 pm  |  Source: Moneycontrol.com

Companies raising funds through corporate bonds may have to pay higher cost of money. Reason: low investor appetite but more than adequate supply of b...

United Bank revises its base rate to 10.25%  

22 Feb 2013, 1.42 pm  |  Source: Moneycontrol.com

United Bank of India has informed BSE that the Bank has revised its Base Rate i.e. the benchmark rate for pricing its loan products, from existing 10....

Bonds likely to consolidate at current levels: Dhawal Dalal  

22 Feb 2013, 8.44 am  |  Source: CNBC-TV18

Bonds are likely to consolidate at current levels. All eyes on the Union Budget for further cues on fiscal deficit and the new borrowing program, says...

HUDCO's Rs 500cr tax-free bonds issue opens  

21 Feb 2013, 11.14 am  |  Source: PTI

State-owned Housing and Urban Development Corporation (HUDCO) today said it is targeting to raise up to Rs 2,805 crore through the second tranche of i...

10-year yield seen between 7.77-7.83%: Sandeep Bagla  

21 Feb 2013, 8.46 am  |  Source: CNBC-TV18

Government has auctioned fresh limits in bonds to FIIs, which could lead to some buying in bonds. Global risk off is likely to aid sentiment, says San...

FDI inflows dip 19% at $1.1bn in Dec 2012  

20 Feb 2013, 3.02 pm  |  Source: PTI

Falling for the second straight month, India's foreign direct investment (FDI) inflows declined nearly 19 per cent to USD 1.10 billion in December 201...

For FIIs, secondary mkt an option to buy bonds: HDFC Bank   

20 Feb 2013, 2.17 pm  |  Source: CNBC-TV18

Absence of open market operations (OMOs) will hurt the bond market opines Ashish Parthasarthy, treasurer, HDFC Bank....

See bond yield at 7.7% by mid-March: Nomura   

20 Feb 2013, 12.00 pm  |  Source: CNBC-TV18

While the Government's cancellation of the bond auction came as a surprise, the bond market may see 7.7% yields if it closes below 7.8% believes Neera...

10-year yield seen between 7.75- 7.85%: Ramanathan K  

20 Feb 2013, 9.09 am  |  Source: CNBC-TV18

Bonds are likely to rise further given the unexpected cancellation of the Feb 22 auction as well as the end of the borrowing program, says Ramanathan ...

India's first infra debt fund launched   

19 Feb 2013, 8.08 pm  |  Source: Moneycontrol.com

Infradebt, India's first infrastructure debt fund (IDF) is set to kick-start its formal operations. Finance minister P Chidambaram on Tuesday handed o...

PFC's tax free bond opens for subscription: ICICIdirect  

19 Feb 2013, 6.12 pm  |  Source: Moneycontrol.com

ICICIdirect.com has come out with its report on Power Finance Corporation (PFC) tax free bond. According to the research firm, the company Tranche II ...

Yield may slip to 7.80% in early trade on Feb 20: StanChart   

19 Feb 2013, 2.26 pm  |  Source: CNBC-TV18

The government cancelled Rs 12,000 crore bond auctions on Monday, lowering its market borrowing programme for the current financial year in its bid to...

Govt cancels Rs 12K cr bond issue to contain fiscal deficit  

18 Feb 2013, 8.34 pm  |  Source: PTI

The government today cancelled Rs 12,000 crore bond auctions, lowering its market borrowing programme for the current financial year in its bid to con...

Bid for India's debt limit auction: Barclays Capital  

18 Feb 2013, 4.22 pm  |  Source: Reuters

Barclays Capital advises foreign institutional investors (FIIs) to bid for the long-term government debt category in auction and buy 30-year governmen...

10-yr yield seen between 7.80-7.85%: Ajay Manglunia  

18 Feb 2013, 8.14 am  |  Source: Moneycontrol.com

The range for the 10-yr yield is seen between 7.80-7.85%, says Ajay Manglunia, Edelweiss....

Indian bond buyers bet Budget will finally deliver  

18 Feb 2013, 8.02 am  |  Source: Reuters

Investors are betting Indian bonds are set for their biggest rally since the global financial crisis, wagering that a government at risk of losing its...

Rate cut likely in March if Budget addresses fiscal issues  

17 Feb 2013, 2.45 pm  |  Source: PTI

The RBI is likely to cut interest rate in its next policy meet on March 19 provided government delivers a "credible budget" addressing fiscal consolid...

Power Finance Corp tax free bonds issue to open on Feb 18  

16 Feb 2013, 4.15 pm  |  Source: Moneycontrol.com

State-owned Power Finance Corporation (PFC) is going to launch its second tranche of bonds issue of Rs 100 crore on Monday, February 18, 2013, with an...

OBC withdraws additional rate on Senior Citizens Deposits  

15 Feb 2013, 4.45 pm  |  Source: Moneycontrol.com

Oriental Bank of Commerce has withdrawn additional rate of interest to Senior Citizens on Domestic Term Deposits of Rs 1 crore and above with effect f...

Rural Electrification Corp bond issue to open on Feb 25  

15 Feb 2013, 11.47 am  |  Source: Moneycontrol.com

Rural Electrification Corp has informed that, the Tranche-2 of Public Issue of Tax Free Secured Redeemable Non-convertible Bonds, in the nature of Deb...

10-year yield seen between 7.80-7.90%: Dhawal Dalal  

15 Feb 2013, 8.45 am  |  Source: CNBC-TV18

Bonds are likely to consolidate at current levels in the near-term till the next trigger, which is the Union Budget, says Dhawal Dalal, DSP BlackRock ...

Don't see further decline in core inflation: HSBC Global  

14 Feb 2013, 2.18 pm  |  Source: CNBC-TV18

Leif Eskesen of HSBC Global Research, feels that as far as core inflation is concerned, we have reached the bottom for now. And we could see small upt...

Easing inflation may trigger rate cut in March: JP Morgan   

14 Feb 2013, 1.29 pm  |  Source: CNBC-TV18

According to Chinoy, the current inflation figure certainly increases the likelihood of a rate cut in March....

Expert views: Jan inflation eases to 6.62 percent  

14 Feb 2013, 11.52 am  |  Source: Reuters

INDIA-INFLATION-ECONOMY-EXPERT-VIEWS:Expert views: Jan inflation eases to 6.62 percent...

10-year yield seen between 8.75-8.95%: Sandeep Bagla  

14 Feb 2013, 8.43 am  |  Source: CNBC-TV18

The bond market will closely watch out for the Wpi inflation number today. I expect it to come in at 7%, says Sandeep Bagla, ICICI Securities....

January inflation likely to ease at 7% MoM: Poll  

14 Feb 2013, 8.17 am  |  Source: CNBC-TV18

Wholesale Price Index (WPI) inflation for January is due today. According to a CNBC-TV18 poll, it is seen slightly lower at 7% compared to 7.18% in De...

India headline inflation probably eased to 3-yr lows in Jan  

14 Feb 2013, 3.36 am  |  Source: Reuters

INDIA-ECONOMY-INFLATION:India headline inflation probably eased to 3-year lows in January...