India pulls off first of record bond sales with higher costs
4 years, 9 months ago

India pulls off first of record bond sales with higher costs

Live Mint  

India pulled off the first bond auction of its record-borrowing program after paying underwriters almost 50 times more in fees, underscoring how nervous primary dealers were over the deluge of debt. The government sold all ₹10,000 crore of the benchmark bond, with a bid-to-cover ratio similar to its last sale, and a cutoff yield just two basis points above expectations. The RBI executed a 75 basis points emergency rate cut last month, and also pledged to provide $50 billion of liquidity as the economy shows signs of stress. “The current levels of yields, holding at about 200 basis points over the repo rate are very very rare, indicating the RBI will definitely come out with solid action soon” to cap the yields, said Debendra Dash, a Mumbai-based fixed-income trader at AU Small Finance Bank. High fees The administration sold the benchmark 2029 bond at 6.53% cutoff yield, with a bid-to-cover ratio of 2.45 times, similar to the last sale in January.

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History of this topic

India bond yields to track rupee’s moves for direction
Trending News
1 day, 10 hours ago

India bond yields to track rupee’s moves for direction

Live Mint  

By Dharamraj Dhutia MUMBAI, Jan 14 - Indian government bond yields are expected to be largely unchanged in early deals on Tuesday as it awaits the direction of the local currency, while U.S. yields remain elevated on dwindling bets of a rate cut in the world's largest economy. The Indian rupee ended at a fresh record low of 86.5750 and …

India bond traders eye debt sale, data for directional triggers
5 days, 9 hours ago

India bond traders eye debt sale, data for directional triggers

Live Mint  

By Dharamraj Dhutia MUMBAI, Jan 10 - Indian government bond yields were largely unchanged in early deals on Friday, as market players awaited fresh supply from the weekly debt auction and key data for further directional moves. "Demand at the auction followed by U.S. job readings and inflation data would drive the market in the near term," a trader said. …

Indian bond yields extend fall as foreign banks build positions
1 week, 1 day ago

Indian bond yields extend fall as foreign banks build positions

Live Mint  

By Nimesh Vora MUMBAI, Jan 7 - Indian government bond yields dipped on Tuesday, adding to the previous session's decline, as foreign banks built fresh positions in the New Year, traders said. It looks like foreign banks are "taking up" fresh position in the New Year, a trader at a state-run bank said. Foreign banks bought government securities worth 35.45 …

India bond yields seen little changed; 2025 starts with supply pressure
1 week, 6 days ago

India bond yields seen little changed; 2025 starts with supply pressure

Live Mint  

By Dharamraj Dhutia MUMBAI, Jan 2 - Indian government bond yields are likely to be little changed in early deals on Thursday, as traders await fresh supply a day later. "The benchmark bond yield could move to par levels, but any major rise in the yield beyond 6.79%-6.80% seems unlikely for today," the trader said. Bond yields declined in 2024, …

RBI to auction ₹4.73 lakh crore in govt bonds from January 2025
2 weeks ago

RBI to auction ₹4.73 lakh crore in govt bonds from January 2025

Hindustan Times  

The Reserve Bank of India will sell government bond worth ₹4.73 lakh crore in January-March quarter of 2025 on State Governments and Union territories. In the January–March quarter of 2025, the Reserve Bank of India will provide government bonds for State Governments and Union territories totalling ₹ 4.73 lakh crore. The central bank informed that the actual amount of borrowings …

Investor push on 2024’s final trading session nudges Indian bond yields down
2 weeks, 1 day ago

Investor push on 2024’s final trading session nudges Indian bond yields down

Live Mint  

By Dharamraj Dhutia MUMBAI, Dec 31 - Indian government bond yields declined in early deals of the last trading session of 2024 as investors took fresh positions, while a downward tick in U.S. yields aided sentiment. "Fresh positioning is aiding, because majority view is that yields will move at least 10-15 basis points lower from its current levels in the …

India bond yields flat in thin activity before year-end
2 weeks, 2 days ago

India bond yields flat in thin activity before year-end

Live Mint  

By Dharamraj Dhutia MUMBAI, Dec 30 - Indian government bond yields were little changed on Monday, even as U.S. Treasury yields remained elevated, with market participants seeking a firm direction towards the end of the year. The daily average trading volume has dropped to around 381 billion rupees over the last two weeks from 719 billion rupees in the prior …

India rupee may dip, bond yields to track US peers
2 weeks, 2 days ago

India rupee may dip, bond yields to track US peers

Live Mint  

By Dharamraj Dhutia and Jaspreet Kalra MUMBAI, Dec 30 - The Indian rupee is expected to trade with a bearish bias this week after slumping to a record low on Friday, with traders watching out for how sternly the central bank defends the local currency while bond yields will track U.S. peers and the rupee. Given the "weak global set-up …

India’s stock market in 2025 and the growing appeal of US bonds
2 weeks, 6 days ago

India’s stock market in 2025 and the growing appeal of US bonds

Live Mint  

India’s stock market enjoyed a bull run the past five years, but several factors, chiefly rising US bond yields and a risk of slowing domestic corporate earnings, are likely to weigh on it in 2025. Rising US bond yields amid disappointing domestic corporate earnings growth and high stock valuations in India have resulted in a recent rush of foreign fund …

India, US bond yield spread at near 2-decade low, may impact foreign flows
3 weeks, 6 days ago

India, US bond yield spread at near 2-decade low, may impact foreign flows

Live Mint  

By Dharamraj Dhutia MUMBAI, Dec 19 - Spreads between India and U.S. bond yields plummeted to their lowest levels in nearly two decades in the aftermath of the Federal Reserve delivering a hawkish rate cut at the end of its policy meeting on Wednesday. U.S. yields surged while the slower pace of rise of Indian yields led to a tighter …

India bond yields seen a tad higher ahead of debt supply
1 month ago

India bond yields seen a tad higher ahead of debt supply

Live Mint  

By Dharamraj Dhutia MUMBAI, Dec 13 - Indian government bonds are expected to rise marginally in early deals on Friday, as market participants await a fresh supply of debt through the weekly auction, while elevated U.S. yields will continue to weigh on sentiment. New Delhi aims to raise 370 billion rupees through the sale of bonds later in the day, …

India’s 10-year bond yield may fall to 6.6% if RBI eases in Feb, ICICI Bank’s Prasanna says
1 month ago

India’s 10-year bond yield may fall to 6.6% if RBI eases in Feb, ICICI Bank’s Prasanna says

Live Mint  

By Dharamraj Dhutia MUMBAI, Dec 11 - Indian government bond yields may trend in a narrow range in the near term, but the benchmark bond yield could ease to levels seen three years ago if the central bank cuts interest rates in its next policy meeting, the treasurer at ICICI Bank said. Going into the next year, if there is …

India’s 5-year bond set to gain more if RBI cuts rates in February, LIC MF exec says
1 month ago

India’s 5-year bond set to gain more if RBI cuts rates in February, LIC MF exec says

Live Mint  

By Shubham Batra and Dharamraj Dhutia MUMBAI, - India's five-year government bond is attractive as its yield could fall more compared with the 10-year benchmark note's if the domestic central bank cuts rates in February, a fixed income executive at LIC Mutual Fund said. "If a rate cut materialises in February, we see 5-year to 10-year bond yield curve steepening …

Stock market strategy: Should you increase your fixed income allocation as bond yields spike after RBI policy?
1 month, 1 week ago

Stock market strategy: Should you increase your fixed income allocation as bond yields spike after RBI policy?

Live Mint  

The Reserve Bank of India’s on December 6 kept the benchmark repo rate unchanged at 6.5% for the eleventh straight meeting, and maintained the monetary policy stance ‘Neutral’. Following the release of Q2FY25 GDP data, the bond market began anticipating potential monetary easing in the RBI policy. Bond Market Reaction The Indian government bond yields jumped, with the 10-year benchmark …

Foreign investors buy $1 billion of Indian bonds on bets of policy easing after GDP data
1 month, 1 week ago

Foreign investors buy $1 billion of Indian bonds on bets of policy easing after GDP data

Live Mint  

Foreign investors have stepped up buying of Indian government bonds in the last four sessions, after weaker-than-expected economic growth data last week spurred expectations of monetary policy easing by the central bank. Foreign investors heavily sold bonds for most of November, as U.S. yields remained elevated after Donald Trump's victory in the presidential election raised doubts about the Federal Reserve's …

Indian bond yields inch higher on profit taking; debt sale eyed
1 month, 1 week ago

Indian bond yields inch higher on profit taking; debt sale eyed

Live Mint  

By Dharamraj Dhutia MUMBAI, Dec 3 - Indian government bond yields moved marginally higher in early trading on Tuesday, as traders cashed in profits from a two-session price rally after weaker-than-expected economic growth data, while a fresh debt supply was in focus. The yield declined by 10 basis points since data on Friday showed India's economic growth slowed much more …

India 10-year bond yield hits 2-month low on growing policy easing bets
Trending News
1 month, 1 week ago

India 10-year bond yield hits 2-month low on growing policy easing bets

Live Mint  

By Dharamraj Dhutia MUMBAI, Dec 2 - Indian government bond yields continued to dip, extending Friday's trend at the start of a new week, as weaker-than-expected economic growth data spurred bets on a monetary policy easing. The Reserve Bank of India's monetary policy committee is set to meet this week, and is expected to make a decision on Friday. "It …

India bond yields to track US rates; downside largely capped
1 month, 2 weeks ago

India bond yields to track US rates; downside largely capped

Live Mint  

By Nimesh Vora MUMBAI, Nov 26 - Indian bond yields are likely to open little changed on Tuesday following the dip in the previous session, with traders keeping an eye on U.S. Treasury yields. The benchmark 10-year bond yield is expected in a 6.81%-6.84% range, having dipped about two basis points on Monday to 6.8226% largely due to a dip …

India bond yields may drop tracking decline in US rates
Trending News
1 month, 3 weeks ago

India bond yields may drop tracking decline in US rates

Live Mint  

By Nimesh Vora MUMBAI, Nov 25 - Indian government bond yields may dip at open on Monday, tracking a decline in U.S. rates, while traders wait for data on how Asia's fourth-largest economy fared in the last quarter due later in the week. The 10-year U.S. Treasury yield dropped six basis points in Asia trading, after U.S. President-elect Donald Trump …

India rupee to gauge portfolio flows, bond yields to eye US peers
1 month, 3 weeks ago

India rupee to gauge portfolio flows, bond yields to eye US peers

Live Mint  

By Dharamraj Dhutia and Jaspreet Kalra MUMBAI, Nov 25 - The Indian rupee will track portfolio flows this week as a global equity index rejig comes into effect, amid foreign portfolio outflows from local stocks and bonds, while government bond yields will track U.S. Treasuries. U.S. personal consumption expenditure data, due Wednesday, will also be in focus this week to …

India bond yields inch up ahead of debt sale on Friday
1 month, 3 weeks ago

India bond yields inch up ahead of debt sale on Friday

Live Mint  

By Dharamraj Dhutia MUMBAI, Nov 21 - Indian government bond yields trended marginally higher in early deals on Thursday as U.S. yields stayed elevated, while market participants awaited fresh supply through a weekly debt auction on Friday. New Delhi will sell benchmark bond worth 220 billion rupees, which will help increase liquidity and trading in this paper, as well as …

India bond yields marginally down on value buys, fresh cues awaited
1 month, 4 weeks ago

India bond yields marginally down on value buys, fresh cues awaited

Live Mint  

By Dharamraj Dhutia MUMBAI, Nov 18 - Indian government bond yields trended slightly lower in early deals at the start of another holiday-truncated week amid value purchase from investors after yields rose last week. Meanwhile, U.S. Treasury yields edged higher on Friday and remained elevated during Asian hours as strong U.S. retail sales data and import prices lowered bets of …

India rupee to lean on central bank help; bonds to track US peers
1 month, 4 weeks ago

India rupee to lean on central bank help; bonds to track US peers

Live Mint  

By Dharamraj Dhutia and Jaspreet Kalra MUMBAI, Nov 18 - The Indian rupee will rely on the central bank's help to counter headwinds this week, as the possibility of slower Federal Reserve interest rate cuts and expectations surrounding Donald Trump's policies boost the dollar and U.S. bond yields. A sharp rise in the dollar and elevated U.S. bond yields since …

Foreign investors sell nearly $1 billion of JPM index-linked Indian government bonds in Nov
2 months ago

Foreign investors sell nearly $1 billion of JPM index-linked Indian government bonds in Nov

Live Mint  

By Dharamraj Dhutia MUMBAI - Foreigners have sold 82.1 billion rupees of Indian government bonds, which are part of the JPMorgan index, so far in November, according to clearing house data on Thursday. "Foreign inflows will likely wait for U.S. yields and dollar index to stabilise before reverting to its pre-October pace," said Nitin Agarwal, head of trading at ANZ …

Indian bond yields rise ahead of domestic, US inflation data
2 months ago

Indian bond yields rise ahead of domestic, US inflation data

Live Mint  

Mumbai:Indian government bond yields ended slightly higher after a range-bound trading session on Monday, with investors awaiting domestic and U.S. inflation data for clues on the outlook for interest rates. Data due on Tuesday is expected to show that India's retail inflation climbed to a 14-month high of 5.81% in October, primarily due to higher vegetable and edible oil prices. …

RBI sells bonds worth ₹11.95 billion; move to help address demand-supply dynamics, say experts
3 months, 2 weeks ago

RBI sells bonds worth ₹11.95 billion; move to help address demand-supply dynamics, say experts

Live Mint  

The Reserve Bank of India sold bonds worth ₹11.95 billion in the week ended September 20, news agency Reuters reported on Friday, September 27. {{^adFree}} {{/adFree}} The central bank continued selling government bonds from its portfolio for the eleventh successive week, its longest streak since January 2022, as per the report. {{^adFree}} {{/adFree}} Expert's take on RBI's bond sales Small …

Indian shares set to open higher after bumper U.S. Fed rate cut
3 months, 3 weeks ago

Indian shares set to open higher after bumper U.S. Fed rate cut

The Hindu  

Indian shares are set to open marginally higher on Thursday as the U.S. Federal Reserve started its monetary easing cycle with a large 50-basis-point rate cut. The GIFT Nifty was at 25,453.5 points as of 08:08 a.m. IST, indicating the NSE Nifty 50 will open slightly above its close of 25,377.55 on Wednesday. "This rate cut will facilitate inflows to …

India bond yields may inch higher ahead of over $4 bln state debt sale
4 months, 2 weeks ago

India bond yields may inch higher ahead of over $4 bln state debt sale

Hindustan Times  

By Dharamraj Dhutia India bond yields may inch higher ahead of over $4 bln state debt sale MUMBAI, - Indian government bond yields may open a tad higher on Tuesday, as traders brace for higher-than-expected supply from states later in the day, while U.S. Treasury yields remained largely unchanged. "With global factors going quite, focus will once again shift to …

India’s ‘sweet spot’ lures bond funds amid global market turmoil
4 months, 3 weeks ago

India’s ‘sweet spot’ lures bond funds amid global market turmoil

Hindustan Times  

Global funds have poured money into India’s debt market for 14 weeks in a second streak of buying this year, evidence of the country’s appeal amid the ructions of worldwide financial markets. “India is in a sweet spot from a macro perspective and also from a monetary policy perspective,” said Jenny Zeng, chief investment officer for Asia Pacific fixed income …

Bank of Maharashtra raises just Rs 811 crore in infrastructure bond sale
5 months, 2 weeks ago

Bank of Maharashtra raises just Rs 811 crore in infrastructure bond sale

Business Standard  

Bank of Maharashtra raised only Rs 811 crore through a 10-year infrastructure bond issue at a coupon rate of 7.8 per cent on Thursday. In contrast, Canara Bank secured Rs 10,000 crore at a 7.4 per cent coupon rate on July 16. State Bank of India raised Rs 10,000 crore on July 10 at a 7.36 per cent rate for …

RBI MONEY MARKET OPERATIONS
8 months, 1 week ago

RBI MONEY MARKET OPERATIONS

Live Mint  

MUMBAI, Nov 21, Money Market Operations as on November 19, 2024 Volume Weighted Average Rate Range A. Market Repo 980.85 6.59 6.45-6.74 V. Repo in Corporate Bond 0.00 - - RBI OPERATIONS@ Auction Date Tenor Maturity Date Amount Current Rate / Cut off Rate C. Liquidity Adjustment Facility, Marginal Standing Facility & Standing Deposit Facility I. Variable Rate& Main Operation …

Rupee unlikely to benefit from softer US payrolls, upbeat risk
8 months, 1 week ago

Rupee unlikely to benefit from softer US payrolls, upbeat risk

Hindustan Times  

By Nimesh Vora Rupee unlikely to benefit from softer US payrolls, upbeat risk MUMBAI, - The Indian rupee is likely to open largely unchanged on Monday, despite a drop in U.S. Treasury yields and the dollar after the monthly U.S. jobs report made it more likely that the Federal Reserve will cut interest rates later in the year. The 10-year …

FPIs offload ₹20,000 crore in Indian equities in 4 sessions amid rising Iran-Israel tensions, hawkish Fed
8 months, 3 weeks ago

FPIs offload ₹20,000 crore in Indian equities in 4 sessions amid rising Iran-Israel tensions, hawkish Fed

Live Mint  

Amid escalating tensions in the Middle East and a substantial surge in U.S. bond yields, foreign portfolio investors have divested Indian equities worth over ₹20,000 crore in just four trading sessions. Additionally, the US economy displayed strength with retail sales surging 0.7% in March, exceeding the anticipated 0.3%, indicating resilient consumer spending despite interest rates hitting a 23-year high. "The …

Impact of ₹2,000 notes withdrawal: Currency-in-circulation growth dips to 3.7% in February
10 months, 3 weeks ago

Impact of ₹2,000 notes withdrawal: Currency-in-circulation growth dips to 3.7% in February

The Hindu  

The growth in currency in circulation decelerated to 3.7% for the week ended February 9 from 8.2% a year ago, reflecting the impact of the decision of the Reserve Bank of India to withdraw ₹2,000 banknotes. According to the RBI, commercial banks have reported double-digit growth in deposits in January, which too can be attributed to withdrawal of ₹2,000 currency …

Electoral bonds worth over ₹571.8 cr sold between Jan 2 and 11: SBI in RTI reply
11 months, 1 week ago

Electoral bonds worth over ₹571.8 cr sold between Jan 2 and 11: SBI in RTI reply

Hindustan Times  

A total of 897 electoral bonds worth ₹571.8 crore were sold between January 2 and 11, with Kolkata having the highest share of 32.17% worth ₹183.95 crore, the State Bank of India said in a response to a right to information request by commodore Lokesh Batra. A total of 1,109 electoral bonds worth ₹1,006.03 crore were sold between in the …

Indians still hold Rs 12,000 cr in Rs 2,000 notes that will go out of circulation soon
1 year, 3 months ago

Indians still hold Rs 12,000 cr in Rs 2,000 notes that will go out of circulation soon

Firstpost  

RBI Governor Shaktikanta Das said, so far, nearly 87 per cent of Rs 2,000 banknotes have been returned to the banks in form of deposits Reserve Bank of India Governor Shaktikanta Das on Friday said 2,000 rupee notes worth Rs 12,000 crore are still in circulation. “Rs 12,000 crore of the Rs 3.56 lakh crore worth of Rs 2,000 notes …

93% of ₹2000 notes returned to banks: RBI
1 year, 4 months ago

93% of ₹2000 notes returned to banks: RBI

Hindustan Times  

The Reserve Bank on Friday said that as much as 93 per cent of ₹2000 currency notes that were in circulation on May 19 -- the day when the currency was withdrawn from circulation -- have been returned to banks. According to the data received from the banks, the total value of ₹2000 banknotes received back from circulation is ₹3.32 …

RBI says 88% of ₹2,000 notes returned to banks
1 year, 5 months ago

RBI says 88% of ₹2,000 notes returned to banks

The Hindu  

The Reserve Bank on August 1 said 88% of the ₹2,000 banknotes valued at ₹3.14 lakh crore have returned to the banking system after it announced the withdrawal of the high-value currency notes from circulation in May. According to the data received from banks, the RBI said the total value of ₹2,000 banknotes received back from circulation is ₹3.14 lakh …

Deposit of ₹2000 notes, rise in RBI dividends to improve short-term liquidity
1 year, 7 months ago

Deposit of ₹2000 notes, rise in RBI dividends to improve short-term liquidity

Live Mint  

There will be an improvement in short-term liquidity due to an increase in RBI dividends and deposit of ₹2,000 notes by banks till September, predicts India Ratings in its latest edition of the monthly credit market tracking report. The report highlighted that the Banking system liquidity declined as of 25 May 2023 to around ₹500 billion on average. “Decline in …

RBI says India’s growth momentum to continue in FY24; stresses on structural reforms
1 year, 7 months ago

RBI says India’s growth momentum to continue in FY24; stresses on structural reforms

The Hindu  

The Reserve Bank on May 30 said that India’s growth momentum is likely to continue in 2023-24 even as it made a case for pushing structural reforms to deal with the geopolitical developments and also to achieve sustained growth in the medium-term. The Reserve Bank’s annual report flagged slowing global growth, protracted geopolitical tensions and a possible upsurge in financial …

Rupee eyes more gains, bond yield seen in narrow range
1 year, 10 months ago

Rupee eyes more gains, bond yield seen in narrow range

Hindustan Times  

The Indian rupee is set to keep up its momentum this week as a rebound in equity inflows supports sentiment, while government bond yields are expected to take major cues from moves in U.S. yields and remain in a thin range. The rupee broke out of its narrow trading range last week to finish nearly 1% higher at 81.9650 per …

Rupee, bond yields seen in narrow range as 2022 ends
2 years ago

Rupee, bond yields seen in narrow range as 2022 ends

Live Mint  

The Indian rupee and government bond yields are expected to trade in a narrow range amid thin volume this week, the last of 2022, due to the lack of major triggers, with the rupee also likely to continue to benefit from the central bank's support. Indian government bond yields, too, may remain largely rangebound in thin trading volume as the …

Indian bond yields rise ahead of Friday’s debt supply, hawkish policy weighs
2 years, 1 month ago

Indian bond yields rise ahead of Friday’s debt supply, hawkish policy weighs

Live Mint  

Indian government bond yields ended higher for a fifth consecutive session, as sentiment remains cautious after a hawkish monetary policy and traders await fresh supply of debt through a weekly auction on Friday. "Bond yields have adjusted to the monetary policy, and will now react to inflation data prints next week as well as Federal Reserve's policy decision," said Soumyajit …

India 10-year bond yield posts steepest drop in 32 months as inflation eases
2 years, 1 month ago

India 10-year bond yield posts steepest drop in 32 months as inflation eases

Live Mint  

Indian government bond yields slid in November, with the benchmark yield posting its steepest monthly fall in 32 months, as easing domestic and U.S. inflation raised bets that the aggressive rate-hike cycle in both nations may be near its end. "Market participants are not at all worried about another 50 bps rate hike, and things changed after softer inflation reading," …

Bond yields tad higher as oil prices recover, GDP data eyed
2 years, 1 month ago

Bond yields tad higher as oil prices recover, GDP data eyed

Live Mint  

Indian government bond yields ended marginally higher on Tuesday as recovery in global crude oil prices weighed on investor sentiment while some traders also trimmed holdings ahead of the GDP data due on Wednesday. The benchmark 10-year government bond yield ended at 7.2791%, after closing 3 basis points lower at 7.2736% on Monday. Oil prices rose by over 2% on …

Rupee depreciates against dollar as focus shifts on Fed minutes, premiums fall
2 years, 1 month ago

Rupee depreciates against dollar as focus shifts on Fed minutes, premiums fall

Live Mint  

Indian rupee depreciated slightly against the greenback on Wednesday due to cash dollar outflows coupled with feeble Asian and EM counterparts. Sriram Iyer, Senior Research Analyst at Reliance Securities said, "The Indian Rupee weakened marginally on Wednesday on cash dollar outflows and weaker Asian and EM peers." Iyer added that "crude oil prices remained subdued and offered some support, NDF …

India’s forex reserves rise at fastest pace since August 2021
2 years, 1 month ago

India’s forex reserves rise at fastest pace since August 2021

Live Mint  

India's foreign exchange reserves rose to $544.72 billion in the week through November11, marking their biggest weekly jump in more than a year, the Reserve Bank of India's weekly statistical supplement showed on Friday. The Reserve Bank of India sold $10.36 billion worth of foreign currency on a net basis in September. Data released showed sales in September were 144 …

Bond yields little changed after recent fall, Friday’s debt sale eyed
2 years, 1 month ago

Bond yields little changed after recent fall, Friday’s debt sale eyed

Live Mint  

Indian government bond yields ended little changed on Thursday, amid consolidation after the recent fall, while traders now await a fresh supply of debt via weekly auction on Friday. The benchmark Indian 10-year government bond yield ended at 7.2808%, after closing at 7.2736% on Wednesday. Bond yields eased earlier in the session, following a drop in U.S. yields and oil …

Foreign investors sell $500 million of India govt bonds in two days
2 years, 2 months ago

Foreign investors sell $500 million of India govt bonds in two days

Live Mint  

Foreign investors have sold Indian government debt worth nearly $500 million in the past two sessions, with the so-called FAR bonds bearing the brunt of a selloff that traders note is ahead of the Federal Reserve's policy decision and crucial U.S. data. These investors have net sold bonds worth ₹4,110 crore over Friday and Monday, CCIL data showed, with more …

Indian government’s 1-5 year bonds ripe for medium-term gains; should you invest?
2 years, 2 months ago

Indian government’s 1-5 year bonds ripe for medium-term gains; should you invest?

Live Mint  

- Indian government bonds with a one- to five-year tenure are primed for medium-term gains at current levels, a fixed income official at LIC Mutual Fund said. The rate hikes and tight liquidity conditions are already discounted, especially at the shorter end," said Marzban Irani, chief investment officer – debt at LIC Mutual Fund. The spread had turned negative towards …

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