2 hours ago
HomeMarket NewsIndian bond prices slip as US yields rise; lower state supply offers support
Indian bond prices slipped due to higher US Treasury yields, though lower state bond supply helped limit the pressure. Corporate bond issuance remained steady last week, with several companies raising funds through bonds and NCDs, and more issuances expected in the coming days.
Bond prices in the Indian market have seen some decline, tracking the rise in the 10-year US Treasury yield. Market pressure has eased slightly due to the lower-than-expected supply of state government bonds. Today’s state bond issuance stands at about ₹130 billion, compared with the earlier estimate of ₹386 billion.
Kerala Infrastructure Investment Fund is set to raise ₹15 billion through a 10-year bond issue today.
Also Read |
Chola Securities backs PSU banks, cautious on private lenders and midcap cement
Corporate bond activity remained steady last week, with several companies raising funds through bond and non-convertible debenture (NCD) issuances. Torrent Pharma raised ₹110 billion through bonds. Sammaan Capital raised ₹1.15 billion via NCDs. Muthoot Finance raised ₹3 billion, while Bajaj Housing Finance
raised ₹5.08 billion and PNB Housing Finance raised ₹3 billion through NCDs.
This week, more issuers are expected to enter the market. Power Finance Corp has an issuance of ₹50 billion open until January 30. Axis Bank has also raised ₹1.5 billion through perpetual bonds.
Catch all the latest updates from the stock market here
Also, catch the latest Budget 2026 expectations updates here
Catch all the latest updates from the Q3 earnings here
