Indian bonds are rising as strong demand for government bond sales provides further impetus

Indian government bonds continued their winning streak and ended the day higher on Tuesday as stronger-than-expected demand for government bond sales lifted sentiment, while favorable US government bond yields and excess liquidity conditions added to the positive backdrop.The 6.48% bond yield for 2035 ended at 6.66% after closing Monday at 6.6642%. Rates have fallen by […]

Indian bonds are rising as strong demand for government bond sales provides further impetus

Indian government bonds continued their winning streak and ended the day higher on Tuesday as stronger-than-expected demand for government bond sales lifted sentiment, while favorable US government bond yields and excess liquidity conditions added to the positive backdrop.The 6.48% bond yield for 2035 ended at 6.66% after closing Monday at 6.6642%. Rates have fallen by […]

Asset manager Aberdeen cuts Venezuela’s bonds after a stunning rally

Asset manager Aberdeen Investments is “winding down” its holdings of Venezuelan government bonds, a portfolio manager told Reuters, following a stunning rally that has more than doubled the price of the country’s defaulted bonds in the past 12 months. “The tail risk seems quite high,” Kevin Daly, portfolio manager at Aberdeen Standard Investments, told Reuters. […]

Argentina will pay $4.3 billion to bondholders, meeting the crucial deadline

Argentina’s government has paid $4.3 billion to holders of its government bonds, an Economy Ministry source said on Friday. This met the January 9 deadline in a move aimed at restoring investor confidence and regaining access to international capital markets. The payment, which covered both principal and interest, was made by the central bank despite […]

The bond market remains stable as RBI rates, record low inflation and liquidity measures shape the fixed income landscape

The Indian bond market remained steady throughout the month, with 10-year government bond yields falling four basis points to 6.49%, according to Axis Mutual Fund’s Fixed Income Review.The tone in global markets was also supportive, as US Treasury yields fell on growing expectations that the US Federal Reserve would announce a rate cut at its […]