Primary Dealers

The total volume on ARCL Tri-party Repo in July was Rs 52,175.10 crore, compared with Rs 39,725.50 crore, registering a growth of 32 percent month-on-month.

Less volatile bond markets eat into primary dealers' earnings as underwriting commissions drop

Primary dealers usually underwrite the government bond auctions against a token of underwriting commission. The fee charged by primary dealers, though small, reflects the sentiment of the market.

RBI partially devolves 7.26%-2033 paper on primary dealers

The RBI set cut-off price of Rs 99.42 or 7.3424 percent on the 7.26 percent 2033 bonds.

Rupee transactions by SPD-related entities to be reported to CCIL’s trade repository from January 1: RBI

The rule will be effective January 1, 2023. Earlier, in August this year, RBI had decided to allow SPDs to offer all forex market-making facilities to users, as currently permitted to Category-I Authorised Dealers.

RBI announces measures for fixed income, currency markets

It has been decided to enhance the aggregate limit of partial credit enhancement (PCE) provided by banks, permit brokers in corporate bond repos, authorise the platform for repo in corporate bonds and encourage credit supply for large borrowers through market mechanism.

Here's why govt bonds remained unsold at RBI auction

The RBI, on Friday, came out with results of the bond auction to raise Rs 15,000 crore by selling soverign four securities. However, there was a devolvement on primary dealers to the tune of 1,330 crore on two papers. This was, however, lower than market expectation.

Govt doles out extra dealer commissions in bond market

Spooked by the flight of overseas investments in Indian securities, the government started doling out bounties on primary bond dealers (PDs) whose commissions have zoomed manifold. This is aimed at building confidence while protecting them from any possible loss if yields rise after the bond auctions, sources told moneycontrol.com.

RBI allows primary dealers to trade in corporate bonds

To further develop the debt market, the Reserve Bank today allowed standalone primary dealers to trade in corporate bonds.

Dealers welcome RBI's move to deepen corp bond mkts

The RBI's move to allow standalone primary dealers (PDs) to obtain funding and invest more in corporate bond markets is expected to increase volumes in a priority market for the Indian government, according to executives.