JPMorgan said 23 Indian Government Bonds (IGBs) with a combined notional value of $330 billion were eligible for inclusion in its Government Bond Index-Emerging Markets (GBI-EM) index and index suite
Domestic power producers account for close to 80 percent of the green bonds in India in the mentioned period, including Greenko, ReNew and Continuum among the top five, according to the latest BloombergNEF report. NHPC and Adani Green are the other two of the top five green bond issuers in India.
The US five-year yields tumbled as much as 24 basis points on Tuesday to 3.55 percent, the lowest level since September 13, before rebounding to close at 3.65 percent
The average yield on sovereign debt maturing in 10 years or more has fallen below that of securities due in one-to-three years
Several issues impede India’s inclusion in global bond indices, such as the capital gains tax policy.
AT1 bonds are a type of perpetual debt instrument that banks use to augment their core equity base and thus comply with Basel III norms.
Swaps have been a better gauge of interest rate hikes and when they have not been accurate, swaps have at least been a true reflection of the inflation situation.
The government will have to pay a higher yield on its market borrowings in the coming months. The Centre will borrow Rs 14.95 lakh crore from the bond market this year, of which Rs 8.45 lakh crore will come in the first half.
Bond yields in most markets have risen in the past month, wiping out capital gains, and while India has not been spared, the damage has been rather mild. Moneycontrol explains why.
CNBC-TV18 has learnt from sources that both the government and the Reserve Bank of India are likely to be ready with the framework for issuing green bonds by the end of May.
The 10 year bond yield fell 8 basis points to 6.72% from its previous close of 6.80%. Bond yield moves in opposite directions.
For the bond market, Budget 2022 has been a double whammy—high market borrowing and the absence of indication of inclusion in global bond indices
Budget 2022: The gross market borrowing for FY23 is a record Rs 14.95 lakh crore, which will pose a big challenge for the bond market.
The 10-year bond yield rose to 6.85% from its previous close of 6.67%. Bond yield and prices move in opposite directions.
The listing takes green bonds listed on the India INX platform at GIFT IFSC to $5 billion and overall bond listing to more than $34 billion.
Reliance Industries (RIL) has raised $4 billion in the largest ever foreign currency bond issuance from India. The bond issue was subscribed over three times. Watch the video to know the significance of this move, how RIL plans to utilise the funds, segmental distribution of the issue, and more