RBI POLICY POLL

MPC to stand pat on repo rate, raise GDP forecast

All 25 respondents in an Informist poll expect the MPC to keep the repo rate unchanged at 6.50% and maintain the 'withdrawal of accommodation' stance for a fifth consecutive time at the end of its three-day meeting on Friday, even though higher food prices pose an upside risk to inflation.

Yield on 10-year gilt seen easing to 7.23% Dec-end

The yield on the 10-year government bond is expected to fall by the end of the month because of positive global cues, with a few hiccups on the domestic front setting a floor for yields.

IIFL Samasta plan to raise 140-150 bln rupees via debt

IIFL Samasta Finance, a subsidiary of IIFL Finance, plans to raise 140-150 bln rupees through debt instruments in the next financial year starting April, Managing Director and Chief Executive Officer Venkatesh N. says.

INTERVIEW
India gilts not a top pick: Nomura Sribalasundaram

Nomura has a positive bias on India's interest rate markets, but it is "certainly not" a top pick for it, with bonds in Indonesia and South Korea providing a better opportunity in the region, the brokerage's Emerging Markets – Asia Rates Strategist Nathan Sribalasundaram tells Informist.

TREND
Large offerings from pvt cos push corp bond supply

Fundraising through corporate bonds on a private placement basis jumped over twofold from a month ago in November on big ticket offerings from large-sized players. Companies raised 991.68 bln rupees via placement of 242 bonds compared with 405 bln rupees in October.

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