Category

Fixed Income Market Update: June 2020 During the month short term money market, corporate bond and short term gilt yields fell. Ample banking system liquidity, low supply and demand due to inflows in MF debt schemes were the main reasons. 1 yr money market and tbill lvls rose slightly as did ten yr gilt yield. […]

Fixed Income Market Update: May 2020 During the month yields fell across gilts, high quality corporate bonds and short term money market instruments on the back of ample banking system liquidity, further measures undertaken by RBI including repo and reverse repo rate cut and gilt/tbill purchases and expectations of continued support for addressing the COVID […]

Fixed Income Market Update: April 2020 • During the month yields fell across gilts, high quality corporate bonds and short term money market instruments on the back of ample banking system liquidity, further measures undertaken by RBI including a reverse repo rate cut and gilt/tbill purchases and expectations of continued support for addressing the COVID […]

Fixed Income Market Update: March 2020 • The month was characterized by high volatility across various asset classes especially at the short end as year end redemption pressures for mutual funds and credit concerns were accentuated by the Novel COVID 19 outbreak across the world. The health calamity led to a never before kind of […]

During the month we saw mixed performance across asset classes.3 month to 1 yr CD yields rose as issuance increased. T bill, gilt yields and corporate bond yields fell sharply on back of no extra borrowing announcement in Budget, RBI’s LTRO operations, sharp fall in crude oil prices and fall in global bond yields as […]