The public issue of the IIFL NCDs will open on Friday and has a base offer of Rs 300 crore.
Outstanding Tier-I bonds are expected to increase slightly to Rs 1.3 lakh crore by March 2024 from Rs 1.2 lakh in March 2023, ICRA said in a report
With the aim of organising themselves into an industry association, several online bond platforms got together on June 6 to hold preliminary discussions on forming such an entity.
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 government's wholesale inflation-indexed bonds were issued in 2013. But they were as good as dead in less than a year after seismic changes in Indian policy.
RBI also aims to develop mobile application for improving the ease of access for retail investors under the Retail Direct Scheme, according to the annual report.
In 2022-23, primary corporate bond issuances rose in the domestic market, while overseas bond issuances moderated.
Market participants are increasingly abandoning phone-based transactions. Electronic and automated trading have seen similar levels of adoption as observed in equity and foreign exchange markets for the most actively traded instruments.
Capital Group predicts $1tn will flow into debt markets in next few years as investors move to lock in higher yields
The premium has narrowed because of long-term yields falling, partly on expectations of rate cuts in response to an easing inflation.
The unsecured redeemable non-convertible debentures (NCDs) issue will have a base size of Rs 3,000 crore with an option to retain over-subscription of up to Rs 5,000 crore.
The company's board has also approved a proposal for incorporation of a wholly-owned subsidiary company to take over the existing renewable assets.
In the reporting quarter, gross domestic advances of the bank grew 1.18 percent on-quarter, and 9.56 percent on year.
Companies and banks raised Rs 57,032 crore in April as compared to Rs 1.16 lakh crore in March, according to Prime Database.
The move is another effort by the port-to-power conglomerate to restore investor confidence after a Hindenburg Research report in January accused it of fraud
Both local bodies have invited bids to appoint the merchant bankers-cum-transaction advisors for their municipal bonds issue planned in the next few months.
US stocks have bounced back from last month’s lows that were sparked by the collapse of some regional US lenders, including Silicon Valley Bank. Still, the rally has moderated this month as data show a softening in the labour market, fueling worries that the economy could contract later this year.
These bonds come with a fixed maturity period and investors earn a fixed interest rate on them.
The board of directors would consider the proposal at a meeting to be held on April 15.
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In today’s edition of Moneycontrol Pro Panorama: India's growing gaming market needs better policies, the only solution to the bank crises, Finance bill amendments makes market jittery, fixing Punjab's ailing agriculture sector, and more
Foreign investors have bought government bonds worth 152.50 billion rupees ($1.85 billion) on a net basis since November.
The change in the tax regime for debt MFs could see NBFCs hit the public bond market to raise long-term money at attractive yields
Recognise AT1 bonds as insurance, rather than pure debt. Once AT1 bonds are understood as insurance by a bank that is still a going concern, against a calamitous loss, the expectation that they should be bailed in only after equity is written off would disappear
The bonds will be listed at BSE and/or NSE. Bonds are redeemable at par in 40 equal instalments and interest payment on quarterly basis, it stated.