Page 2 - Bonds

Union Bank of India raises Rs 1,500 cr through Basel-III compliant bonds

The bank has allotted unsecured, subordinated, non-convertible, taxable, perpetual, fully paid-up Basel III compliant additional tier-I bonds in the nature of debentures, aggregating to Rs 1,500 crore

Stocks set for a painful week as conflict intensifies; bonds to gain

US stocks have fallen nearly 8% so far this year, on track for worst annual start since 2009, and worries over intensifying conflict in Ukraine has shaken markets across world

Shriram Transport Finance raises Rs 900 cr by issuing bonds

Shriram Transport Finance Company said it has raised Rs 900 crore by issuing bonds on a private placement basis

Mahindra Finance raises Rs 300 cr by issuing bonds on pvt placement basis

Mahindra & Mahindra Financial Services on Tuesday said it has raised Rs 300 crore by issuing bonds on a private placement basis. A meeting of the committee of the board on Tuesday approved the allotment of 3,000 secured redeemable non-convertible debentures (NCDs) of a face value of Rs 10 lakh each, aggregating to Rs 300 crore through private placement, Mahindra Finance said in a regulatory filing. The bonds are set to mature on February 22, 2024, it said. The debt instruments bear an interest rate, or coupon, of 5.98 per cent per annum. Shares of Mahindra Finance on Tuesday traded at Rs 151.50 apiece on the BSE, down by 1.27 per cent from the previous close.

Record borrowing to make India's unlikely bond rally short-lived

Canceled auctions and a dovish central bank decision drove benchmark yields down by more than 20 basis points in the past two weeks.

Mumbai airport hires banks for sale of dollar-denominated bonds: Report

Mumbai International Airport has hired a group of banks to arrange a sale of US dollar-denominated bonds to refinance existing debt and for capital expenditure, a bank document showed on Monday.

Global stock markets firm, bonds win respite from rout

The pan-European STOXX 600 climbed almost 1.5%. In Asia, where MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.5% to a two-week high and the blue-chip Nikkei closed 1.08% higher

IRFC garners $500 mn through green offshore bonds; lists bonds at GIFT City

The bonds issuance is part of the USD 7 billion Global Medium Term Note (GMTN) Programme, IRFC said

Federal Bank gets board approval to raise up to Rs 700 cr through bonds

Federal Bank on Wednesday said it has received approval from its board of directors to raise up to Rs 700 crore by issuing bonds on a private placement basis

Rupee gains on jobs data, bond prices down on rate hike agenda

The rupee strengthened to its two-month high, as dollars pertaining to bonds raised by Reliance Industries (RIL) continued to pour into the country alongside some inflows into Indian equities

Reliance raises $4 bn via foreign currency bonds at finest rate

India's largest-ever foreign currency bonds issue gives strong base for India Inc's fundraising efforts in 2022

Reliance raises $4 bn in India's largest-ever foreign currency bonds issue

'The issue was nearly 3 times oversubscribed with a peak order book aggregating $11.5 bn and was priced through RIL's secondary curve,' a company statement said

Dhani Services to launch Rs 300 crore public issue of bonds on Tuesday

The non-convertible debenture (NCD) issue has a base size of Rs 150 crore with an option to retain oversubscription of up to Rs 150 crore

Corporate bond issuances fell as Covid-19 pandemic hit companies

Analysts says it's a learning experience, market expected to do better in 2022

RBI eased grip on bond and rupee in 2021, managing multiple objectives

Bonds would rally in both instances, and therefore, it could turn out to be a good year for Indian bonds

Govt approves 19th tranche of electoral bonds; sale opens on January 1

Electoral bonds have been pitched as an alternative to cash donations made to political parties

Manappuram Finance raises Rs 250 cr through bonds

Manappuram Finance on Thursday said it has raised Rs 250 crore by issuing bonds, and the amount will be utilised to pare its debt and shore up capital resources.

China injects most cash in 2 months; 10-year yields at lowest in 18 months

China's 10-year government bond yield fell two basis points to 2.795 per cent as of 4:40 pm in Shanghai

RBI devolves bonds in auction, dodges market demand for higher yields

Central bank signals that it is no longer willing to continue with its easy money policy

SBI Card raises Rs 650 crore through private placement of bonds

The stock was trading nearly flat at Rs 906 apiece on BSE