Bond Current Affairs, GK & News

Bond

 A negotiable certificate evidencing indebtedness -a debt security or IOU, issued by a company, municipality or government agency. A bond investor lends money to the issuer and, in exchange, the issuer promises to repay the loan amount on a specified maturity date. The issuer usually pays the bondholder periodic interest payments over the life of ..

SEBI’s norm for issuers of municipal bonds

On 12 Nov, the Securities and Exchange Board of India (Sebi) prescribed wider disclosures and compliances norms by the issuers of listed municipal bonds. As per the SEBI norms, listed entities should submit half-yearly unaudited financial results to the stock exchanges within 45 days of the end of the first half of the year and ..

Topics: Bond • Credit rating agency • Finance • Government • Municipal bond • Qualified institutional placement • Securities and Exchange Board of India • Security • Stock Market

Government announces sale of Sovereign Gold Bond

The government has approved the issue of Sovereign Gold Bonds 2019-20 (Series III) at Rs 3,499 per gram of gold. Sovereign Gold Bonds Sovereign Gold Bonds are government securities denominated in grams of gold. They were introduced as substitutes for holding physical gold. The bonds will be restricted for sale to resident individuals, HUFs, trusts, ..

Topics: Bond • Corporate bond • Economy • Finance • Financial markets • Government bonds • Government debt • Security • Sovereign Gold Bond • Stock exchange

Kerala becomes first Indian state to list Masala Bond in overseas market

On May 17, Kerala became the first sub-sovereign entity in the country to access the international market by listing masala bonds issued through its off-budget mechanism – the Kerala Infrastructure Investment Fund Board (KIIFB). Chief Minister Pinarayi Vijayan has become the debutant head of state in the country to open trading at the London Stock ..

Topics: Bond • Economy • Finance • Financial market • Kerala • Kerala Infrastructure Investment Fund Board • London • London Stock Exchange • Masala bonds

Ruskin Bond authors book “Coming Round Mountain”

The book titled “Coming Round the Mountain”, will be released officially by India’s beloved children’s author Ruskin Bond on his 85th birthday on 19th May 2019 at Cambridge bookstores in Mussourie. The book is the third installment of Bond’s award-winning memoir series for children that includes “Looking for the Rainbow” and “Till the Clouds Roll ..

Topics: Anglo-Indian people • Bond • Fiction • Indian Literature • Ruskin Bond • Writers

RBI decides to inject liquidity via forex swaps

The Reserve Bank of India (RBI) has decided to inject rupee liquidity into the system through long-term foreign exchange buy/sell swap — a first-of-its-kind instrument used for liquidity management. The RBI would conduct dollar-rupee buy/sell swap auction of $5 billion for tenor of 3 years on March 26 to inject rupee liquidity for longer duration. ..

Topics: Auction • Bond • Economy • Finance • Financial markets • Market liquidity • Monetary Policy • Monetary reform • Money • Open market operation • Reserve Bank of India • Swap