India Fixed Income: Active Trading in Corporate Bonds
By ThePip Desk
India’s fixed income market, including corporate bonds and government securities, saw active trading on August 13th, with specific bonds like REC, Adani Airports, SIDBI, and NHB in demand on NSE.
India’s fixed income market displayed active trading on August 13th, with specific corporate bonds and government securities noting significant demand. Data from the National Stock Exchange (NSE) highlighted robust activity across several key instruments.
The market observed particular interest in corporate bonds, alongside Over-The-Counter (OTC) trades of government securities. This consolidated data offers a clear insight into the prevailing trends within India’s debt market segments.
Key Corporate Bond Trading on NSE
- REC LIMITED SR 257 TR A 7.28 BD 31AG29 FVRS1LAC traded at Rs 100.0000, reflecting an annualized yield of 7.2672%.
- ADANI AIRPORT HOLDINGS LIMITED 8.45 NCD 12FB29 FVRS1LAC was priced at Rs 99.9800, with its yield to maturity annualized at 8.7210%.
- SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR III 7.40 BD 18JU31 FVRS1LAC saw trading at Rs 100.1259, offering an annualized yield of 7.3550%.
- NATIONAL HOUSING BANK 7.59 BD 14JL27 FVRS1LAC traded at Rs 100.3344, indicating an annualized yield of 7.1800%.
These detailed trading figures, compiled from NSE data, underscore the specific demand drivers and yield expectations within the Indian corporate bond market on the reported date.