Primary Dealers get an underwriting commission for every G-Sec auction (held on Fridays, most weeks of the year). These commissions have tended to be tiny – ...
In yesterday’s 91-day T-Bill auction, we saw yields go up to 11.0031%, the highest number since July 1996. Higher yields mean lower prices of the bonds, and ...
Fixed Income Markets are hurting big time. Here’s a quick update at 12 noon. Call money (overnight interbank) is at 9.25% RBI repo was about 33,263 cr. This ...
To see how one of the RBI liquidity squeeze changes will impact banks starting Saturday, see the chart of how banks have maintained cash balances as a ...
Liquid Funds have been getting bashed up recently with strange things happening in the liquidity bazaar. After their NAV fell for the first time in many years, ...
RBI’s weekly auctions of government securities hit a snag today. Out of the 15,000 cr. for sale today, over 3,500 cr. worth of bids weren’t accepted, and ...
For those of you who fear having to exit liquid funds due to their unusual fall in one day, note that yesterday bond markets were more stable, and therefore ...
Liquid Fund Investors have taken it on the chin with the fall in bond prices yesterday. Across the spectrum, for the first time since 2008, Liquid Funds have ...
Mutual Funds are going to have it rough in the next few days. Bond prices have crashed after the liquidity squeeze introduced by RBI late evening on the 15th. ...
Since 2009, retail individual investors seem to have lost interest in mutual funds. AMFI data shows the total number of folio numbers to have reduced 10% since ...
