With the government maintaining status quo on interest rates of small savings schemes for the last quarter of the current fiscal, the Reserve Bank of India’s (RBI) Floating Rate Savings Bonds, 2020 (Taxable) will continue to fetch the same interest rate, i.e., 7.15% till the next reset date of...
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MUMBAI: Investors investing in bonds and government treasuries could see some range bound fluctuations in their yields as the economy sees some recovery from the Covid pandemic. Many investors who invest in sovereign bonds are also betting on short term yields as they expect them to bounce back in...
By Subhadip Sircar India’s sovereign bond investors are converging on a trade idea for 2021. They’re betting that short-term yields would rebound as the central bank soaks up excess cash on signs of an economic recovery. RBL Bank Ltd. and Quantum Asset Management Ltd. are among those forecasting that...
NEW DELHI: Shriram Transport Finance Company on Tuesday said its board will meet next month to consider raising funds through the issuance of debt securities. Shriram Transport Finance Company said in this regard the meeting of the banking and finance committee/debt issuance committee / bond issuance committee will be...
MUMBAI: Adani International Container Terminal on Monday said its $300 million maiden bond issue was oversubscribed 10 times with interest coming in from 220 investors. The issue of 10 years was priced at par to yield 3 per cent, which is also the lowest coupon achieved by any corporate...
Adani International Container Terminal Pvt Ltd (AICTPL) on Monday said its maiden USD 300 million bond issuance witnessed 10 times oversubscription. AICTPL, a JV between Adani Ports and Special Economic Zone (APSEZ) and Terminal Investment Ltd (TIL), is a container terminal operating company based out of Mundra, having an...
ET Wealth reached out to experts to know how investors can safeguard their finances from the volatility that raged in 2020 and the uncertainty that looms in the horizon. This week’s cover story explains 11 steps that one should take now to improve one’s finances in the New Year....
High net worth investors continue to chase listed tax-free bonds, as returns from other safe debt products have fallen. Since the interest is tax free, pre-tax effective returns are also high. This rush is pushing up prices of tax-free bonds and bringing down their yield to maturity (ytm). The...
Treasury traders are buzzing about 1% yields again, with all eyes on whether a massive slate of auctions next week and two key US Senate runoff elections in early January could get them there. Rates on 10-year notes got as high as 0.971% on Wednesday after investors shifted out...
NEW DELHI: The government has spent Rs 22,086.54 crore as interest payment towards the recapitalisation bonds for the public sector banks (PSB) in the last two financial years. During 2018-19, the government paid Rs 5,800.55 crore as interest on such bonds issued to public sector banks for pumping in...