Gilts

Out of the gross market borrowing of Rs 14.01 lakh crore budgeted for 2024-25, Rs 6.61 lakh crore (47.2 percent) is planned to be borrowed in the second-half of the current fiscal through issuance of dated securities, including Rs 20,000 crore of Sovereign Green Bonds.

No immediate 'hot money' worries over bond inclusion given low FPI presence

According to a finance ministry official, whether inflows through the bond market can even be considered "hot money" is questionable given that FPIs in FAR securities are nowhere near a level that is worrying.

Govt pegs FY25 gross borrowing at Rs 14.13 lakh crore, sharply lower than expectations

The sharply lower gross borrowing figure for FY25 is a result of the central government's focus on aggressive consolidation evident in the huge 70 basis points cut in the fiscal deficit target.

Top policy-makers, experts welcome move as bond inclusion opens door for greater foreign inflows

The move potentially gives global investors greater access to the world’s fastest-growing large economy that offers some of the highest returns in the region

Bonanza small savings inflows may give India room to lower FY24 market borrowing: FinMin source

Net collections under the small savings fund has seen a growth of around 48% on-year for the current financial year and has reached 34 percent of the Budget target for 2023-24 as of now.

India not pitching for bond inclusion to index providers anymore: Govt source

In 2022, key index providers such as JP Morgan and FTSE Russel retained Indian government bonds on their watch lists. Though a review is due at the end of the current quarter ending September, the government has not recently been in discussions with index managers, according to the official who spoke on the condition of anonymity.

India's capital gains tax regime a big hurdle in including govt bonds in global indices: S&P Global

The inclusion of Indian government securities in major bond indexes could attract an initial inflow of $20-40 billion, increasing to $180 billion over the next decade, the S&P Global report has said.

Govt to auction Rs 32,000 crore of four gilts on July 15

The auction of 2027, 2028 and 2036 gilts will be held via "uniform price method", whereas, the auction of 2051 gilt will be conducted through "multiple price method", the finance ministry said.

Expect gilts to be rangebound in run up to the policy: Ajay Manglunia

The 10-year benchmark yield is likely to trade in a range of 6.67-6.72 percent today, says Ajay Manglunia of Edelweiss.

10-year yield to trade in 6.36-6.42% range: Ajay Manglunia

The 10-year benchmark yield is likely to trade in a range of 6.36-6.42 percent today, says Ajay Manglunia, Edelweiss.

Bond markets to trade in jittery fashion: Ajay Manglunia

The 10-year benchmark yield is likely to trade in a range of 6.47-6.53 percent today, says Ajay Manglunia, Edelweiss.

10-year yield to trade in 6.25-6.40% range: Ajay Manglunia

The banking system will continue to receive a steady flow of deposits under the demonetisation window in place till December 30, says Ajay Manglunia, Edelweiss.

Gilts to trade stable within narrow range: Edelweiss

The 10-year benchmark yield is likely to trade in a range of 6.73-6.78 percent today, says Ajay Manglunia of Edelweiss.

10-year yield to trade in range 6.71-6.77%: Ajay Manglunia

The prospects of a December Fed rate hike are still very much alive which can dampen the euphoria following last week's unanimous rate cut, says Ajay Manglunia, Edelweiss.

Expect bond markets to trade on cautious note: Ajay Manglunia

The 10-year benchmark yield is likely to trade in a range of 7.09-7.15 percent today, says Ajay Manglunia, Edelweiss.

10-year yield to trade between 7.35-7.40%: Edelweiss

The 10-year benchmark yield is likely to trade in a range of 7.35-7.40 percent today, says Ajay Manglunia of Edelweiss.

Expect India to deliver 15-18% returns in 3-4 yrs: JPMorgan

At a time when volatility-hit street is hinting at jettisoning equities in favour of fixed income, JP Morgan believes equities will beat all other asset classes in 3-5 years.

Sensex ends flat; Bank Nifty up 1%, Tata Motors falls 3%

PSU banks lead the Bank Nifty higher. IT, real estate and metals are the big sectoral gainers. Auto stocks are negative.

Gilts to witness relatively quiet session: Ajay Manglunia

The 10-year benchmark is likely to trade between 8.72-8.78 percent today, says Ajay Manglunia, Edelweiss.

10-year yield seen between 8.95-9.10%: Ajay Manglunia

The range for the 10-year yield is seen between 8.95-9.10 percent today, says Ajay Manglunia, Edelweiss.

10-year yield seen between 8.5-8.6% range: Ajay Manglunia

The resolution of the US budget impasse and drop in US treasury yields to below 2.6 percent are expected to lend a positive bias to India gilt yields, says Ajay Manglunia, Edelweiss.

RBI to buy FX if rupee settles down at 62/USD: Sengupta

We welcome RBI's decision to conduct open market operations worth Rs 100 billion on October 7, says Indranil Sengupta, BofA ML.

10-year yield seen between 8.45-8.55% range: Ajay Manglunia

Gilts are expected to continue with their cautious stance even as underlying sentiment remains positive with the recent rupee stability, says Ajay Manglunia, Edelweiss.

10-year yield seen between 8.50-8.70%: Ajay Manglunia

Gilts are expected to trade cautiously but downside could be limited, says Ajay Manglunia, Edelweiss.

Bonds likely to experience some bidding interest: Dalal

The range for the 10-year yield is seen between 8-8.25 percent, says Dhawal Dalal, DSP BlackRock Invst Managers.