NEW YORK: A wild week in Treasuries has investors parsing the cross-currents that may sway prices for US government bonds in coming weeks, including the Federal Reserve, economic data and investor positioning. The yield on the benchmark 10-year US Treasury, which moves inversely to bond prices, recently stood at...
The Reserve Bank of India devolved the new benchmark paper in the second weekly sale as investors demanded higher yield. Primary dealers or bond houses took Rs 11,144 crore worth of such securities on their books as those could not be sold through the auction process. The central bank...
By Steve Matthews and Sarina Yoo The Federal Reserve will start scaling back asset purchases next year with an emphasis on mortgage-backed securities, according to economists surveyed by Bloomberg, who see the central bank raising interest rates at a quicker pace through 2024 than previously thought. Slightly more than...
Mumbai: Adani Electricity Mumbai Ltd (AEML) on Friday said it has raised $300 million (around Rs 2,232 crore) by issuing 10-year sustainability-linked bonds to global investors. It has announced a USD 2 billion global medium-term notes programme and is the first company in India’s energy sector to undertake fundraising...
Singaporean sovereign wealth fund GIC Pte. is planning to cut its holdings of bonds as it prepares for a long-term future with “significantly” lower returns amid geopolitical uncertainty and rising yields. The firm, which the Sovereign Wealth Fund Institute estimates runs about $453 billion, on Friday reported an annualized...
MUMBAI: Rates on short-duration loans have declined up to 17 basis points in July, reducing working capital expenses for Indian companies, as the central bank’s stand to underpin growth acts as a tailwind in a liquidity-surplus economy witnessing lower-than-expected federal borrowing. “Short-term rates are clearly travelling south,” said Marzban...
NEW DELHI: Reserve Bank of India Deputy Governor Michael Patra met economists earlier this week and said that concerns over growth take priority over inflation worries at the present juncture. “The DG was very clear that growth is the larger picture at the moment, inflation is led by supply...
NEW DELHI: Reserve Bank of India Deputy Governor Michael Patra met economists earlier this week and said concerns over growth take priority over inflation worries at the present juncture. “The DG was very clear that growth is the larger picture at the moment, inflation is led by supply factors...
World-over, the Covid-19 pandemic has caused unprecedented humanitarian and economic hardship. At HDFC, we were fortunate to recognise the magnitude of the unfolding crisis and the potential disruption it was causing. We quickly enhanced our Digital Plus model and focused on easing the way we delivered and communicated with...
World-over, the Covid-19 pandemic has caused unprecedented humanitarian and economic hardship. At HDFC, we were fortunate to recognise the magnitude of the unfolding crisis and the potential disruption it was causing. We quickly enhanced our Digital Plus model and focused on easing the way we delivered and communicated with...