India Unveils Rs 6.55 Trillion Bond Borrowing Plan for Oct-March, Includes New 50-Year Bond and Green Bonds

India to borrow Rs 6.55 trillion via bonds in Oct-March, unchanged from earlier plan
Introducing new 50-year bond in response to market demand
Borrowing to include Rs 20,000 crore worth of green bonds
RBI has flexibility to modify plan based on market conditions
Bond yields may drop on expected lines of borrowing plan

economictimes.com

Relevant topic timeline:

8/25/2023

How to keep the next 'dash for cash' from crashing bond market

A new analysis suggests that the Federal Reserve should be prepared for unlimited bond purchases in order to prevent the U.S. Treasury market from seizing up during future crises, as it did at the beginning of the COVID-19 pandemic.

9/6/2023

ADCB issues $650m green bond to support UAE’s net-zero economy

Abu Dhabi Commercial Bank has successfully priced a $650 million green bond, with the proceeds designated for financing eligible sustainable assets, in support of the UAE's net-zero goal.

9/6/2023

Bank of China opens first branch in Saudi capital

Abu Dhabi Commercial Bank has successfully priced a $650 million green bond, with the proceeds designated for financing eligible sustainable assets, in support of the UAE's net-zero goal.

9/20/2023

Thailand Announces $66 Billion Borrowing Plan for 2024 to Stimulate Economy

Thailand's new government plans to borrow 2.4 trillion baht ($66.4 billion) for the fiscal year 2024, representing a 9% increase from the current year, as part of their efforts to stimulate the economy.

9/22/2023

India Bonds Set for $25-50 Billion Inflows as JPMorgan Adds to Index

The Indian government bond market is set to receive significant foreign fund inflows and experience a lower yield curve after JPMorgan announces the inclusion of India's sovereign bonds in its emerging markets index, potentially resulting in inflows of $40-50 billion in the medium term and lower borrowing costs for the economy.

9/27/2023

India's Central Bank May Intervene to Temper Rupee Gains from Index Inflows, Per JPMorgan

The Reserve Bank of India is expected to buy dollars and sell bonds in order to manage the liquidity and forex impact of India's inclusion in global bond indices, according to JPMorgan's head of emerging market economics.

10/6/2023

Bank of America Forecasts Slight Increase in Municipal Bond Sales in 2024 Despite Higher Rates

Bank of America is forecasting that $400 billion of state and local bonds will be sold next year, which is slightly higher than this year's sales.

10/24/2023

World Bank to Quintuple Catastrophe Bond Issuance Amid Surging Demand

The World Bank plans to increase the amount of catastrophe bonds it offers to $5 billion over the next five years, presenting a substantial growth opportunity for the market, which is currently valued at around $40 billion, as returns on cat bonds outperform other debt markets due to the rising risk of extreme weather events.

Topics

Posted 9/26/2023, 3:06:00 PM

India Unveils Rs 6.55 Trillion Bond Borrowing Plan for Oct-March, Includes New 50-Year Bond and Green Bonds

India to borrow Rs 6.55 trillion via bonds in Oct-March, unchanged from earlier plan
Introducing new 50-year bond in response to market demand
Borrowing to include Rs 20,000 crore worth of green bonds
RBI has flexibility to modify plan based on market conditions
Bond yields may drop on expected lines of borrowing plan

economictimes.com

Relevant topic timeline:

8/25/2023

How to keep the next 'dash for cash' from crashing bond market

9/6/2023

ADCB issues $650m green bond to support UAE’s net-zero economy

Abu Dhabi Commercial Bank has successfully priced a $650 million green bond, with the proceeds designated for financing eligible sustainable assets, in support of the UAE's net-zero goal.

9/6/2023

Bank of China opens first branch in Saudi capital

Abu Dhabi Commercial Bank has successfully priced a $650 million green bond, with the proceeds designated for financing eligible sustainable assets, in support of the UAE's net-zero goal.

9/20/2023

Thailand Announces $66 Billion Borrowing Plan for 2024 to Stimulate Economy

9/22/2023

India Bonds Set for $25-50 Billion Inflows as JPMorgan Adds to Index

9/27/2023

India's Central Bank May Intervene to Temper Rupee Gains from Index Inflows, Per JPMorgan

10/6/2023

Bank of America Forecasts Slight Increase in Municipal Bond Sales in 2024 Despite Higher Rates

Bank of America is forecasting that $400 billion of state and local bonds will be sold next year, which is slightly higher than this year's sales.

10/24/2023

World Bank to Quintuple Catastrophe Bond Issuance Amid Surging Demand