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Market Update

New Issuances

Know who is borrowing and at what rate in primary market (Private placement):

  • The above bonds are privately placed either through Electronic Bidding Platform (EBP) of exchanges or directly to Institutional Investors, however retail investors can buy and sell these bonds in the secondary market through platforms like bondbazaar.com.
  • YTM (Yield to Maturity) – Interest income you would earn if you held the investment till maturity.
  • # Currently the Yield to Maturity (YTM) has not been updated, so coupon rate is considered.

Retail Bond Markets

1. Trading Volume of Retail Bond Segment on Exchanges:

(Amount in lakhs)
Terminal GSEC/ SDL Corporate Bonds SGB
Exchanges – BSE & NSE 121 3,619 152
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Top Traded Bonds on Exchanges

(Amount in lakhs)
Government Bonds
G Sec Maturity (DD-MM-YY) YTM (%) Amount
GS19SEP2049 19-09-49 7.07 60
754GOI2036 23-05-36 7.46 47
741GOI36 19-12-36 7.49 7
738GOI2027 20-07-27 7.38 6
(IIFL – IIFL Finance Limited, PCHFL - Piramal Capital & Housing Finance Limited, UPPCL – Uttar Pradesh Power Corporation Limited, IRFCL - Indian Railway Finance Corporation Limited, NHAI – National Highways Authority of India)
 
  • YTM (Yield to Maturity) - Interest income you would earn if you held the investment till maturity.
  • ## NHAI is a Tax-Free bond.
 

Bond IPO Alert

Unveiling the Future Opportunities in Current and Upcoming New Bond Offerings for retail through Debt IPO:

1. Current Bond IPO

(Amount in Crores)
Company Rating YTM (%) Opening date Closing date Issue Size Tenor (months)
ICL Fincorp Ltd BBB- 11.57-13.73 28-11-23 11-12-23 100 13-68
  • ICF Fincorp Ltd are raising debt in more than one series. For detailed information about the Tenor, Coupon Rate / Yield and Redemption Amount applicable for each series of NCDs refer Prospectus filled with ROC.
  • YTM (Yield to Maturity) – Interest income you would earn if you held the investment till maturity.

2. Upcoming Bond IPO

(Amount in Crores)
Company Rating Face Value Base Issue Size Minimum Application
PFC AAA Rs. 1,000 Rs. 10,000 Crores Rs. 10,000
Muthoot Fincorp Ltd AA- Rs. 1,000 Rs. 1,100 Crores Rs. 10,000
Piramal Enterprises Ltd AA Rs. 1,000 Rs. 3,000 Crores Rs. 10,000
IIFL Samasta Finance Ltd AA- Rs. 1,000 Rs. 2,000 Crores Rs. 10,000
Muthoot Mercantile Ltd BBB Rs. 1,000 Rs. 100 Crores Rs. 10,000
(PFC- Power Finance Corporation Limited)
 
  • The PFC will issue NCDs in one or more tranches. However, Tranche I (Rs. 5,000 Crores) have already been issued.
  • Muthoot Fincorp Ltd will issue NCDs in one or more tranches. However, Tranche I (Rs. 100 Crores) and Tranche II (Rs. 75 Crores) have already been issued.
  • Piramal Enterprises Ltd will issue NCDs in one or more tranches. However, Tranche I (Rs. 1000 Crores) have already been issued.
  • IIFL Samasta Finance Ltd will issue NCDs in one or more tranches.

Opportunity Knocks

The Bonds Traded or available for investment on exchange and RFQ platform

1. High-Yield Bonds

Traded or Available on Exchanges

ISIN Issuer Rating Maturity (DD-MM-YY) YTM (%)
INE219O07362 Goswami Infratech Pvt Ltd# BBB- 30-04-26 16.61
INE515Q08226 Annapurna Finance Private Ltd A- 24-04-29 13.01
INE532F07DJ5 Edelweiss Financial Services Ltd AA- 20-01-26 12.88
INE530B08110 IIFL Finance Ltd# AA 24-06-28 12.35
INE468N07615 ECAP Equities Ltd# AA- 26-02-27 12.05
# Goswami Infratech Private Ltd, IIFL Finance Ltd and ECAP Equities Ltd are zero-coupon bonds.

Traded or Available on RFQ

ISIN Issuer Rating Maturity (DD-MM-YY) YTM (%)
INE0R7Z15011 Prosperity Asset 9 Trust BB 14-09-27 15.00
INE0RI615017 Aritra Growth - Alice Blue BBB- 13-05-25 13.50
INE0QKA15015 Vista SME 06 2023 A- 17-03-25 13.00
INE0R5R15012 Shivam-II A- 15-11-24 12.70
INE836B07808 Satin Creditcare Network Ltd A- 28-03-25 12.50

2. High Rated Bonds

Traded or Available on Exchanges

ISIN Issuer Rating Maturity (DD-MM-YY) YTM (%)
INE774D08MM1 Mahindra & Mahindra Financial Services Ltd AAA 18-01-27 8.52
INE027E07AY4 L&T Finance Ltd AAA 23-12-24 8.59
INE414G07GE8 Muthoot Finance Ltd AA+ 05-05-27 9.69
INE516Y07444 Piramal Capital & Housing Finance Ltd AA 26-09-31 11.03
INE477L07AN9 IIFL Home Finance Ltd AA 03-01-27 11.30

Tax-free Bonds Traded or Available on Exchanges

ISIN Issuer Ratings Maturity (DD-MM-YY) YTM (%)
INE261F07032 NABARD AAA 23-03-31 5.57
INE134E07562 PFCL AAA 17-10-30 5.46
INE906B07EP5 NHAI AAA 09-03-31 5.45
INE031A07AO5 HUDCO AAA 08-02-31 5.42
INE202E07229 IREDA AAA 21-01-31 5.42
(NABARD - National Bank for Agriculture and Rural Development, PFCL - Power Finance Corporation Limited, NHAI - National Highways Authority of India, HUDCO - Housing and Urban Development Corporation, IREDA - Indian Renewable Energy Development Agency Limited)

Traded or Available on RFQ

ISIN Issuer Ratings Maturity (DD-MM-YY) YTM (%)
INE027E07AY4 L&T Finance Ltd AAA 23-12-24 10.00
INE860H07IP2 Aditya Birla Finance Ltd AAA 09-10-33 8.22
INE134E08LO4 Power Finance Corporation Ltd AAA 08-08-25 7.84
INE160A08076 Punjab National Bank AA+ Perpetual 8.42
INE140A07682 Piramal Enterprises Ltd AA 24-05-24 10.50

Issuer category wise and tenor wise interest rates grid:

Category/Tenor 1 Year 2 Year 3 Year 5 Year 10 Year
G Sec 7.15% 7.23% 7.26% 7.26% 7.29%
Corporate Bonds          
AAA 7.85% 8.09% 7.55% 8.07% 7.88%
AA 8.43% 8.70% 8.19% 8.72% 8.53%
A 10.29 % 10.58% 10.08% 10.62% 10.45%
  • The above interest rates are prone to change and the same is taken from FIMMDA.
  • YTM (Yield to Maturity) – Interest income you would earn if you held the investment till maturity.
  • E.g. - YTM of 5-year AA rated bond is 8.72%.

Financial Market Indicators

Particulars 24-11-2023
Repo Rate 6.50%
INR/USD 83.37 (-0.03)
Nifty 19,794.70 (-7.30)
Sensex 65,970.04 (-47.77)
-Term Deposit rates (> 1 year) 6.00%-7.25%
Disclaimer
  • * The securities quoted are illustrative and are not recommendatory.
  • ** The aforementioned information is only for consumption by registered users of bondbazaar.com and such material should not be redistributed otherwise.
  • *** Investments in securities market are subject to market risks, read all the related documents carefully before investing.
  • **** For current yields refer to website -www.bondbazaar.com Read all the related documents carefully before investing

New Issuances

Know who is borrowing and what rate in primary market (Private placement)

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Retail Bond Markets

Trading Volume of Retail Bond Segment on Exchanges

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Opportunity Knocks

The bonds traded or available for investment on exchange and RFQ platform.

View All

Issuer Category Wise

Issuer category wise and tenor wise interest rates grid

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