Page 9 - Bonds
Muthoot Finance to raise Rs 1,000 cr through public issue of bonds
The allotment will be on first come first serve basis
 "Muthoot Finance to raise Rs 1,000 cr through public issue of bonds")
UP CM rings bell at BSE for Lucknow Municipal Corporation bonds listing
Uttar Pradesh Chief Minister Yogi Adityanath rang the bell at the Bombay Stock Exchange in Mumbai at the listing of bonds of Lucknow Municipal Corporation
 "UP CM rings bell at BSE for Lucknow Municipal Corporation bonds listing")
LVB bond write-down credit positive for creditors, depositors: Moody's
Terms and conditions of Indian Basel III compliant AT1 and tier-II securities specify that such securities will be written down before authorities can step in to support a bank
 "LVB bond write-down credit positive for creditors, depositors: Moody's")
Lakshmi Vilas Bank's Rs 318.2 cr worth of Tier-II bonds to be written down
The move is part of steps to absorb non-performing assets before LVB's amalgamation with DBS Bank
 "Lakshmi Vilas Bank's Rs 318.2 cr worth of Tier-II bonds to be written down")
Vedanta Resources under pressure, sounds out bondholders on debt extension
This comes after the company failed to delist its India unit
 "Vedanta Resources under pressure, sounds out bondholders on debt extension")
Sustainable investing: How ESG bonds are raising concern among investors
Japanese real estate firm Hulic Co. recently joined a handful of borrowers worldwide in selling so-called sustainability-linked bonds, but the market's reception has been underwhelming
 "Sustainable investing: How ESG bonds are raising concern among investors")
Rush for emerging market company bonds as investors look beyond Covid-19
The passing of the US election and progress on Covid-19 vaccines reawakening investors' appetite for risk
 "Rush for emerging market company bonds as investors look beyond Covid-19")
Lucknow Municipal Corporation's bonds debut on BSE, oversubscribed by 250%
"The successful launch of the bonds at the BSE is a great instrument of paradigm change in urban governance," UP additional chief secretary, information and MSME, Navneet Sehgal said
 "Lucknow Municipal Corporation's bonds debut on BSE, oversubscribed by 250%")
23-year-old sues Australia for not disclosing climate change risk in bonds
Kathleen O'Donnell says the Australian Office of Financial Management and Treasury are deceiving investors by not disclosing climate change alongside other financial risks in its exchange-traded debt
 "23-year-old sues Australia for not disclosing climate change risk in bonds")
Aston Martin raises $1.7 billion from Mercedes to steer out of auto crisis
The British carmaker is raising a total of about 1.3 billion pounds ($1.7 billion) through bond and stock offerings, most of which will be used to refinance existing debt
 "Aston Martin raises $1.7 billion from Mercedes to steer out of auto crisis")
RBI conducts first-ever OMO in state bonds, buys Rs 10,000 cr under scheme
Lowest cut-off yield offered for Karnataka's 9-year bond at 6.4746%, highest for Jammu & Kashmir's 10-year SDL at 6.6813%
 "RBI conducts first-ever OMO in state bonds, buys Rs 10,000 cr under scheme")
IOC Board to consider raising up to Rs 20,000 cr via bonds, debentures
The borrowing would be carried out in one or more tranches, the company said in a regulatory filing on Thursday
 "IOC Board to consider raising up to Rs 20,000 cr via bonds, debentures")
RBI to conduct first OMO for state bonds worth Rs 10,000 cr on Oct 22
Size may be enhanced in the subsequent auctions depending on market response
 "RBI to conduct first OMO for state bonds worth Rs 10,000 cr on Oct 22")
Cos start tapping Masala Bonds as economy restarts, raise Rs 500 cr in Aug
Rs 500 cr may look very small, but the importance becomes clear when it is found that since March, companies had not issued a single Masala bond abroad
 "Cos start tapping Masala Bonds as economy restarts, raise Rs 500 cr in Aug")
Stimulus to ease funding burden for India's weakest firms in Covid era
Yield premiums on 10-year rupee bonds ranked BBB have dropped about 80 basis points from an 11-year high in late March
 "Stimulus to ease funding burden for India's weakest firms in Covid era")
Future Retail averts default, pays Rs 100 cr of interest on foreign bonds
Future Retail shares on Monday closed 6.62 per cent down at Rs 114. This is because one of its lenders sold the firm's pledged shares because of default
 "Future Retail averts default, pays Rs 100 cr of interest on foreign bonds")
Fund raising via bonds on private placement basis up 22% in Apr-Jul
In terms of numbers, 608 issuances took place in the period under review as compared to 697 in the year-ago period
 "Fund raising via bonds on private placement basis up 22% in Apr-Jul")
Govt eases credit guarantee scheme norms for stressed NBFCs, HFCs liquidity
At the portfolio level, AA and AA- investment sub-portfolio under the Scheme should not exceed 50 per cent of the total portfolio of bonds/CPs
 "Govt eases credit guarantee scheme norms for stressed NBFCs, HFCs liquidity")
Reserve Bank's silence on record India bond sales leaves traders baffled
The yield on the India's benchmark 10-year bond has stayed around 5.80 per cent since mid-May after falling by more than 70 basis points this year
 "Reserve Bank's silence on record India bond sales leaves traders baffled")
Google owner Alphabet issues record $10 billion bond at lowest-ever price
Investor appetite was fierce for the tech giant's six-part bond, as low interest rates and corporate bond buying from the Federal Reserve continues to support issuance
 "Google owner Alphabet issues record $10 billion bond at lowest-ever price")
