The devolvements have started again! Last week, we saw the bond auction devolve (just a little bit) as the RBI refused to sell at higher yields even though ...
More rating craziness, with CARE downgrading what seems to be an ultra-safe instrument.They have cut the rating for a 100 cr. bond issued by Hindustan Organic ...
RBI is doing an OMO sale of government bonds today, and has sold Rs. 8270 cr. worth bonds. Why? This is a good question. Why does RBI sell bonds? Who gets the ...
RBI has just cancelled 60% of the government bond auction today. With four bonds on sale, we had noted again on twitter that underwriting commissions has ...
There’s some serious damage in the bond market in the last few days. We posted (in Premium) that Banks are likely to lose 10,000 cr. on just the extra ...
So the bond auction did fail. We mentioned this earlier today. It didn’t fail by too much, though; just 890 cr. that devolved. However the yields at ...
After the cancellation of the 364 day T-Bill auction on Wednesday, we have further drama in bond markets. The 20 and 30 year bonds, auctioned today for 3,000 ...
The government will borrow less, it seems, with their “cash situation” under control. The total reduction will be Rs. 21,000 cr. Long term bonds will see a ...
The government has repurchased bonds worth 10,590 cr. and all of the accepted ones are the 6.07% that is maturing in May 2014. I had mentioned the repayment ...
