What is Credit Default Swap?

The Reserve Bank of India revealed the credit default swaps (CDS) and has allowed the retail users to do the transactions in permitted credit derivatives in order to hedge their underlying credit risk. Key Highlights As per the guidelines, the ..

Month: Current Affairs - February, 2021

Cabinet approves Bharat Bond Exchange Traded Fund

On December 4, 2019, the Cabinet approved the launch of Bharat Bond Exchange Traded Fund (BBETF) in order to allow the investors to buy government debts. The fund will allow easy and low-cost access with the smallest amount of Rs ..

Month: Current Affairs - December, 2019

Cess for Disaster Relief

The rapidly changing climate and the rising temperatures have led to a spate of floods, droughts, and other natural disasters. Not only do the natural disasters cause the loss of life and limb, but cause loss of public and private ..

Overseas Bonds

The Indian Finance Minister had in her budget speech announced that to raise funds, India would opt for the issue of overseas bonds. While some economists call this move of the Indian government unplanned and unnecessary risk, the Indian Government ..

AIIB plans to issue first US dollar bonds in June 2018

China-led Asian Infrastructure Investment Bank (AIIB) is planning to issue its first US dollar-denominated bond with minimum worth of $1 billion by June 2018. The earliest issuance window of bond will be toward end of first half of 2018 with ..

Month: Current Affairs - January, 2018

IWAI raises Rs. 660 crore through Bonds

The Inland Waterways Authority of India (IWAI) has raised Rs. 660 crore as Fully Serviced Bonds. The oversubscribed bonds were issued through e-bidding on BSE Portal and the entire amount of Rs.660 crore was raised in single tranche at a ..

Month: Current Affairs - October, 2017

Four PSBs may struggle to pay AT1 bond coupons

Four public sector banks (PSBs) may struggle to make coupon payments on their additional tier 1 (AT1) bond as they have reported heavy losses due to a surge in bad loans. In this case coupon payment is an annual interest ..

Month: Current Affairs - October, 2016

Bond

Bonds are negotiable certificates of indebtedness issued by various entities such as companies, municipalities, or government agencies. As debt securities or IOUs, they provide investors with an opportunity to lend money to the issuer in exchange for regular interest payments ..