Government Bonds

The central government’s borrowing has hit new record highs over the last two years, rising to Rs 14.21 lakh crore in 2022-23. In fact, the budget presented on February 1 pegged it at Rs 15.43 lakh crore for 2023-24 and the government is keen on keeping a lid on it

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.

Indian bonds may not be impacted much by downgrade of US credit ratings, say experts

Dealers expect the benchmark bond yield to range between 7.15 percent and 7.20 percent.

Govt borrowing cost may stay elevated as path to 4% inflation uncertain: Govt source

With headline retail inflation rising in June and expected to increase further to above 5 percent in the coming months, the chance of a repo rate cut this year is low.

Exclusive| Online bond platforms to form industry association in next 3-4 months, say sources

Currently, there are more than 15 SEBI-recognised online bond trading platforms in India.

10-year bond, repo rate gap shrinks to over 5-year low. Are we near a rate-cutting cycle?

Spreads have narrowed further as the market's terminal rate expectations might have changed with the RBI keeping the policy rate unchanged and inflation easing, say fund managers

State-run banks to await yields uptick before buying more govt bonds, say traders

Banks have been offloading notes over the past month to book profits following a price rally led by hopes of a policy pivot by the local and US central banks.

MTM losses on banks' AFS bond portfolio to remain lower in Q4 as yields stabilise, say experts

However, some non-SLR portfolios may see a rise in MTM losses as spread on these instruments has widened by 5-7 bps, they said.

RBI announces 8.51% rate of interest on Floating Rate Bond 2033

The rate of interest will be applicable for the half year March 22, 2023 to September 21, 2023, the central bank said in a release.

States’ borrowing costs may rise further in coming auctions, say experts

In the last four weeks, the weighted average yield on the 10-year state development loans has risen by 5-7 basis points.

Bond yields close higher as RBI refrains from signalling end of rate-hike cycle

The bond yields have moved in a narrow range throughout the day between 7.29 percent and 7.35 percent on the benchmark bond.

Budget 2023 | Centre to borrow record Rs 15.43 lakh crore via bonds in FY24

Union Budget 2023: The Centre's borrowing is among the most important determinants of interest rates in the economy. Higher-than-expected government borrowings can push up rates for all bond issuers, sovereign and corporate

Union Budget 2023: Government bond yield eases post expected market borrowing figures

Union Budget 2023: At 11:36 AM, the yield on the 10-year benchmark 7.26 percent 2032 bond was trading at 7.3831 percent compared to the last close of 7.3438.

CP issuances fell 7% on-month in December 2022 on uptick in yields

Companies raised Rs 1.14 lakh crore in the month through CPs, compared to Rs 1.22 lakh crore in the previous month, according to Prime Database data.

Certificates of deposit issuance rises to a 5-month high in December on uptick in credit growth

Banks raised Rs 77,357 crore in December vs.Rs 71,818 crore in November.

Bond yields little changed after Fed minutes, traders eye debt supply

Government bond yields ended largely unchanged on Thursday as the fall in oil prices was offset by relatively hawkish commentary from the Federal Reserve in the minutes of the latest meeting.

Year-ender: Better fundamentals likely to keep bond yields range-bound next year

The yield on the 10-year benchmark government bond should hover around the 7.25-7.50 percent mark and may ease below this range as most negatives are already factored in

RBI extends dispensation of enhanced HTM limit to March 31, 2024

Banks will now be allowed to include securities acquired between September 1, 2020 and March 31, 2024 in the enhanced HTM limit.

We expect borrowing numbers to be on the higher side in the Budget, says LIC MF's Marzban Irani

On the policy front, he expects a 35-bps hike, taking the repo rate to 6.25%. Also, beginning December, he sees the pace of rate hikes in the US slowing down.

Inflation in Eurozone slows as energy prices ease, but officials remain wary

After months of soaring from one high to the next, energy prices showed signs of slowing, as stocks of natural gas across the European Union remained unseasonably high and temperatures mild.

Banks rush to raise funds via corporate bonds as credit demand picks up

In the past two weeks, some banks have raised more than Rs 5,000 crore through bonds of various tenures. Going forward, IDFC First Bank, Kotak Mahindra Bank, Bank of India and J&K Bank are expected to mop up funds from the market.

FPI investment in debt turns negative in October

So long as the US Fed continues with its rate hike trajectory, money market dealers expect FPI flows to remain negative.

RBI to chart own rate path despite 75-bps hike by US Fed

The Indian central bank may look at various domestic and global factors before deciding on a rate hike, founders and managing directors of some companies say

India uses e-rupee to settle 2.75 billion rupees of government bonds

Trades in a total of three securities –– five-year 7.38% 2027 former benchmark 6.54% 2032 and the current benchmark 7.26% 2032 bonds –– were settled under the new route