Debt Market

Among other things, the platform will allow investors to access to detailed risk assessments, corporate bond documents, and disclosures, helping them evaluate opportunities effectively.

India's debt market needs to get its mojo back, says Mihir Vora of TRUST Mutual Fund

"In the US, the bond market is three to four times the size of the loan market, while in India, it’s the reverse. In the US, corporate bond turnover is about 2x annually, whereas in India, it’s only 0.3x," said Mihir Vora, noting the need to bring back vibrancy in India's bond market.

Fixed income segment now needs reforms on the distribution side

In 2024, fixed income market in India got a boost with the country’s inclusion in the JPMorgan Global Bond Index. Moreover, the Indian market offered stable returns when many other markets experienced volatility. In 2025, liquidity should rise with India’s inclusion in the Bloomberg Index and FTSE Russell. Therefore, the next reform should be harmonisation of different trading platforms 

Explained: Why has SEBI suggested that debenture trustees hive off a large part of their business?

In a consultation paper issued on November 4, the Securities and Exchange Board of India explained its reasoning.

Explained: What is the corporate bond market's new liquidity window facility and who stands to benefit?

To encourage greater participation of ordinary investors, the regulator has introduced this facility for the debt market. Here’s a breakdown of what this means.

MC Explains | What being part of Bloomberg Bond Index means for India and investors

The possible inclusion of Indian treasuries to Bloomberg's Emerging Market Local Currency Index could potentially trigger active and passive foreign inflows worth $10 billion-15 billion over FY25.

Why SEBI’s latest proposal for debt securities can be game-changing 

Once approved, the regulatory changes will open more opportunities for retail investors and low-credit issuers 

Sebi proposes review of framework for borrowings by large corporates

The framework had been put in place to deepen corporate bonds, and involved mandating a portion of companies' borrowings come from issuing debt securities

CDMDF a 'great', 'unique' solution for debt markets: WintWealth’s Anshul Gupta explains

The co-founder of the online bond platform explained in detail how it could address the structural-liquidity problem  

Three categories of debenture issuers must now give additional undertaking to trustees

This is for issuers who cannot freely make board appointments

Wall Street banks re-enter junk debt market

Lenders return to funding leveraged buyouts after painful year in which fees were hit hard

Sebi looks to expand QIB definition; universities, urban local bodies may be able to invest in debt market

The market regulator has invited suggestions for a consultation paper to expand the definition of qualified institutional buyer (QIB) in the debt market

Sebi extends compliance period for 3 years for large corporates to raise 25% of incremental borrowings via debt market

Currently, the rules mandate large corporates to mobilise a minimum of 25 per cent of their incremental borrowings in a financial year through the issuance of debt securities which has to be met over a contiguous block of two years.

Explained: Will AIFs trading in CDS deepen corporate bonds market?

SEBI recently issued a framework for the funds to trade in the credit derivatives

Rs 1 lakh lot securities will add to Bond St buzz but may not move yields much: Experts

Lower face value will increase the number of investors and improve liquidity in the secondary market, say experts

A $1 trillion burden looms for world borrowers refinancing debt

While most governments and companies are still able to stomach the higher financing bills, credit markets are starting to buckle as fund outflows and volatility soar

Why India needs retail participation in fixed income markets, and how

As things stand, no taxpaying investor should consider saving via direct investments in any fixed income instrument, including in government securities. Instead, she would be much better off investing via a debt mutual fund that undertakes identical investments, notwithstanding the added fund management fee 

MC Exclusive | Merger an option for smaller NBFCs, says Muthoottu Mini MD

Lower-layer NBFCs may face some difficulties when they move into the upper layer and have to adjust to a tighter regulatory regime, managing director Mathew Muthoottu said about the new regulatory framework.

NBFC MFIs, low-rated corporates put off capital-raising plans as rates stay high

Companies like Five Star Business Finance, Belstar Microfinance and Asirvad Micro Finance are unlikely to come up with a bond issue at least in April to avoid borrowing at higher rates, sources said.

Companies raise $100bn on global debt market in brisk start to 2022

The rush of new deals offers an early glimpse at the barrage of issuance expected early this year, as companies look to tap debt markets

Is leverage still the best benchmark of credit risk?

As global corporate debt rises, some analysts question the traditional measure of ability to repay

Power Grid InVit IPO offers the best of both worlds — equity and debt

Downside risk limited, investors can expect yield of 10-12%

Big companies corner cheaper funds while smaller ones struggle

In November 2020, nearly 93 percent of the issuances carried a rating of AA- and above, out of which 70 percent of the issuances had a rating of AAA. Top-rated firms are able to access funds at extremely lower rates taking benefit of the excess liquidity in the market.