Bonds News

The new 50-year bonds, revealed in the borrowing plan released by the Reserve Bank of India on Tuesday, will add to the 30-year and 40-year tenor bonds that are being offered currently.

Govt plans to launch the fourth tranche of Bharat Bond ETF in December. Bharat Bond ETF is India's first corporate bond exchange traded fund. The funds raised would be utilised for undertaking capital exp. by public sector.

The 10-year benchmark bond yield rose 7 basis points to 7.90 percent on Tuesday.

The account is used to buy and sell stocks, bonds, mutual funds, exchange-traded funds, index funds, options, futures, foreign currencies, real estate investment trusts , among other instruments.

Mutual funds are an investment programme made up of a pool of moneys collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and other assets.

The Indian economy is at the cusp of entering its strongest growth phase and a full blown bull market is yet to play out with the wide-based Nifty expected to touch 11,500 in 2018, says a report.

Private sector Yes Bank on Saturday said it has raised Rs 3,000 crore from bonds to fund business expansion.

The National Stock Exchange (NSE) is set to introduce new interest rate futures (IRF) contracts from December 30 on six-year government bonds maturing in 2022.

Public sector lender Bank of Baroda on Saturday said it proposes to raise up to Rs 2,000 crore on private placement basis to meet Basel III requirements.

A sharp decline in profitability and mounting losses could wipe out the revenue reserves of some PSU banks and hamper their near-term ability to pay interest on the bonds issued to meet Basel III norms, Crisil Ratings said today.

ICICI Bank Wednesday said it will this month-end redeem bonds worth USD 340 million, issued by its Bahrain branch in 2006.

Even as the government and the Reserve Bank are working in concert to deepen the corporate bond markets, deputy governor R Gandhi today said we must be "realistic" in our goals and not squeeze out the bank financing in the process.

Stock markets would take cues from the monthly data announcement of the country's services sector, global trends and quarterly numbers of bluechips ONGC, Gail and Coal India in a holiday-shortened week ahead, say experts.

Reserve Bank Governor Raghuram Rajan in his last monetary policy on Tuesday may keep interest rate static as retail inflation continues to be above the comfort zone, experts say.

To facilitate orderly trading in sovereign gold bonds, top stock exchange NSE has introduced online bid collection facility for such issuances.

The Sahara Group deposited Rs 200 crore with the Supreme Court following its orders on Friday and sought the apex court to extend an indefinite bail to Subrata Roy and director Ashok Roy Choudhary.

New Delhi: Driven by addition in equity fund folios, mutual fund (MF) houses registered a surge of more than 7.85 lakh investor accounts in the first two months (April-May) of the current fiscal, taking the total tally to 4.84 crore.

 In the latest, ECB has left the interest rates at record low. ECB President Mario Draghi expected inflation to pick up in second half of 2016.   

Equity mutual funds witnessed an addition of nearly 1.6 lakh investor accounts or folios in the first month of the current fiscal, primarily on account of strong participation from retail investors.  

To cater to housing finance needs, India's largest mortgage lender HDFC today said it will raise Rs 500 crore by issuing bonds on a private placement basis.