Individual investors in India are rushing to buy corporate bonds from weaker borrowers, taking bigger risks to boost returns in a debt market dominated by institutional investors. Company note sales to retail investors have more than doubled from a year earlier to 67.2 billion rupees ($898 million) so far in 2021. A further 31 billion … Read more
FRANKFURT: The European Central Bank said Thursday it would significantly ramp up the pace of its pandemic emergency bond buys, in a bid to soothe market jitters about a rise in government borrowing costs. The move over the next quarter is aimed at “preventing a tightening of financing conditions” while the eurozone economy is still … Read more
Following are five big themes likely to dominate thinking of investors and traders in the coming week. GONG HEI FAT CHOY!It’s the Lunar Year of the Ox. Since the same Chinese character can be used to denote a bull, some investors might see that as a good omen for world markets. Higher bond yields could … Read more
MUMBAI: Spreads on corporate bonds over government securities of similar tenure has declined to pre-Covid levels by the end of September, according to ratings firm Icra. This means these bonds have become less risky and are at the same level of risk before the onset of the pandemic COVID-19, leading to a virtual standstill of … Read more