Bonds

Bonds News

Government to bring in framework in 2 weeks for maiden issuance of sovereign green bonds
Business

Government to bring in framework in 2 weeks for maiden issuance of sovereign green bonds

According to one of the sources quoted in the Financial Express, the inclusion or size of green bonds in the FY24 Budget and the borrowing calendar will depend on its performance this fiscal

NHAI Investment Trust to raise Rs 1,500 crore via issuance of bonds; details here
Business

NHAI Investment Trust to raise Rs 1,500 crore via issuance of bonds; details here

Given the state of the market at this time, it is anticipated that these bonds will be offered to retail investors at a coupon rate of roughly 7 per cent

What are corporate bonds and how can you invest in them?
Business

What are corporate bonds and how can you invest in them?

There are quite a few options that you have for making an investment in the corporate bonds. Highly-rated corporate bonds can assure a steady flow of income over the life of the bond

State-owned PGCIL to seek shareholders' approval to raise up to Rs 6,000 crore via bonds in 2023-24
India

State-owned PGCIL to seek shareholders' approval to raise up to Rs 6,000 crore via bonds in 2023-24

On 6 July, the PGCIL board had approved the proposal to raise Rs 6,000 crore in 2023-24, for financing of capital expenditure requirement, providing inter-corporate loans to wholly-owned subsidiaries and other purposes

HDFC Bank looking to raise up to Rs 50,000 crore via bonds over 12 months
Business

HDFC Bank looking to raise up to Rs 50,000 crore via bonds over 12 months

Earlier this week, HDFC Bank agreed to take over its parent and the country's largest mortgage lender HDFC Ltd, as part of its strategy to fuel growth, especially in the affordable housing segment.

China’s third-quarter growth slows to 4.9%, power shortage, slowdown in property sector add to woe
World

China’s third-quarter growth slows to 4.9%, power shortage, slowdown in property sector add to woe

Louis Kuijs of Oxford Economics said in a report that “ugly growth numbers” in coming months are likely to prompt Beijing to ease lending controls

China property sector distress deepens as second company runs into financial troubles
World

China property sector distress deepens as second company runs into financial troubles

Fantasia Holdings missed the deadline to repay a $205.7 million loan

SEBI fines Yes Bank Rs 25 crore in AT-1 bonds case; company ordered to pay within 45 days
Business

SEBI fines Yes Bank Rs 25 crore in AT-1 bonds case; company ordered to pay within 45 days

Yes Bank Ltd and certain officials devised the "devious scheme to dump the AT-1 (Additional Tier-1) bonds on their hapless customers", the market regulator noted

Adani Green Energy posts Rs 55 cr net profit in March quarter; revenue from power generation up by 8% at Rs 2,065 cr
Business

Adani Green Energy posts Rs 55 cr net profit in March quarter; revenue from power generation up by 8% at Rs 2,065 cr

On a full-year basis, Adani reported narrowing of consolidated net loss at Rs 67.96 crore in 2019-20. In the 2018-19 fiscal, its net loss was Rs 475.05 crore.

Indians switch to bank deposits as concerns grow over debt funds; Templeton's announcement sees heavy inflows into bank schemes
Business

Indians switch to bank deposits as concerns grow over debt funds; Templeton's announcement sees heavy inflows into bank schemes

As spooked investors called for a government intervention and debt mutual funds saw record withdrawals, traditional bank deposits have gained.

Ind-Ra revises IndusInd Bank's outlook to negative, affirms AA-plus; valuation challenges may hinder capital raising power
Business

Ind-Ra revises IndusInd Bank's outlook to negative, affirms AA-plus; valuation challenges may hinder capital raising power

IndusInd Bank's top 20 depositor concentration though declined remains elevated (FY19: 24.31%) and is higher than most peer banks'.

Global economy continues to slide as coronavirus outbreak worsens; uncertainty to remain for several months: Moody's
Business

Global economy continues to slide as coronavirus outbreak worsens; uncertainty to remain for several months: Moody's

A sharp contraction of the global economy, at least in the second quarter, appears imminent, it said in its latest special series 'Credit Risks in Turbulent Times.'

PFC, REC merger hits roadblock as amalgamation to violate RBI norms on debt exposure of state-owned shadow banking firm
Business

PFC, REC merger hits roadblock as amalgamation to violate RBI norms on debt exposure of state-owned shadow banking firm

In March 2019, PFC had completed acquisition of a majority stake in REC by transferring Rs 14,500 crore to the government with hope of merger of the two firms in 2019-20.

Future Retail raises $500 mn from international bond market; proceeds to be utilised to purchase stores
Business

Future Retail raises $500 mn from international bond market; proceeds to be utilised to purchase stores

Kishore Biyani-led Future Retail on Wednesday said it has raised $500 million through dollar-denominated bonds

Bank of Baroda raises Rs 920 cr by issuing Basel III compliant bonds on private placement basis
Business

Bank of Baroda raises Rs 920 cr by issuing Basel III compliant bonds on private placement basis

The issue which opened on Thursday and closed the same day, saw a total of 11 allottees through private placement of bonds, Bank of Baroda said in a BSE filing.

Bonds gain as RBI widens special open market operation; benchmark 10-year yield drops by 3 bps to 6.48%
Business

Bonds gain as RBI widens special open market operation; benchmark 10-year yield drops by 3 bps to 6.48%

The Reserve Bank of India’s move to widen its third special open market operation (OMO) helped bonds rise on Friday but worries over a likely fiscal slippage and a surge in global crude prices capped the gains

NSE launches interest rate options on 10-year govt bonds; first day of launch witnesses turnover of 5,926 contracts
Business

NSE launches interest rate options on 10-year govt bonds; first day of launch witnesses turnover of 5,926 contracts

Rival bourse BSE launched trading in interest rate options based on government securities in August this year.

Former RBI governor C Rangarajan says banks recapitalisation should be done through cash
Business

Former RBI governor C Rangarajan says banks recapitalisation should be done through cash

Former RBI governor C Rangarajan on Friday suggested that recapitalisation of banks should be done through by infusing cash rather than issuing Bonds, as he cautioned that Boards of public sector undertakings, including banks, should maintain "arms length" from the Government

MPC will definitely go for a rate cut, but will it turn around slowing investment cycle and spur demand?
Business

MPC will definitely go for a rate cut, but will it turn around slowing investment cycle and spur demand?

The MPC is officially supposed to target CPI inflation which remains in the comfort zone of 3-3.2 percent which is less than the 4 percent benchmark

DHFL shares fall over 5% after company reports default on Rs 1,571-cr bond repayments
Business

DHFL shares fall over 5% after company reports default on Rs 1,571-cr bond repayments

Shares of DHFL on Tuesday fell over 5 percent after the company said it has defaulted on financial repayment obligations of Rs 1,571 crore with regard to the issuance of bonds and commercial papers