Capitalmind
Capitalmind

98 ArticlesFixed Income

10 / 10

RBI introduces STRIPS

Not the kind that involves invasive body searches, or certain dance bars. STRIPS is Separate Trading of Registered Interest and Principal of Securities – ...

Government Debt: A Visual Analysis

Our government is going to issue a truckload of bonds next year, so let’s see where we are right now with respect to current bonds outstanding. Total Bonds ...

Railway Bonds at 7.25% Tax Free!

From the Times: The finance ministry on Monday approved issue of bonds by railways worth Rs 5,000 crore for the financial year ending March 31, 2010. The bonds ...

Another Gilt Auction devolves

RBI’s 12,000 cr. auction today was undersubscribed – meaning, not enough buyers – to extent of 912 cr., or 7.6% of the auction amount. This ...

Gilt Fund – Getting out half – yield at 7.18%

I’ve been holding on to the gilt fund for a while and I’m sick of it – the yields are going up and prices are falling. At 7.18% it’s ...

Bonds and Banking: Fork in the road?

Last Friday’s bond auction results (one, two) are: New 10 year bond (6.9%) for 6,000 cr. : fully subscribed 6 year 2015 at 6.55% yield, 5000 cr.: fully ...

RBI Cuts CRR by 100 bps again

From last Friday’s move to cut CRR by 1.5%, another 1% has been taken off today. From RBI: The cash reserve ratio (CRR) of scheduled banks is currently ...

Liquid Funds are better than Fixed Deposits

The increase in Dividend Distribution Tax (DDT) in Budget 2006 has been touted as a big issue. Specifically on liquid funds and money market instruments, where ...