Corporate bonds

US corporate bonds post second-worst quarterly loss in history. Why not everything is bad

It’s been a weird and wild three months in financial markets, culminating in the worst quarterly loss for most of the $10.6 trillion U.S. corporate bond market since the 2008 global financial crisis. The investment grade tracking ICE BofA US Corporate Index on Wednesday recorded a negative total return of -4.495% for the first quarter […]

Corporate bonds

Sebi to create fund to buy bonds of stressed companies (FM Sitharaman)

The Securities and Exchange Board of India will establish a Corporate Debt Market Development Fund (CDMDF) to provide liquidity to mutual funds and other institutional investors participating in the corporate bond market, has said Finance Minister Nirmala Sitharaman. As the financial sector evolves from a bank-dominated system to a market-oriented one, supporting financial markets has […]

Corporate bonds

Corporate Bond Repo Slowly Accelerates, Data Says

The corporate bond repo is slowly picking up speed, although the volume is nowhere near what it should be to consider it a serious market. Surprisingly, the rates offered in the market are at or below the repo rate offered by the Reserve Bank of India (RBI) through its Liquidity Adjustment Facility (LAF). Typically, the […]