Perpetual bonds, known as Additional Tier 1 in market parlance, do not have any fixed maturities but generally have a five-year call option...

Sebi’s deafening silence had a loud impact: Yields on this variety of bonds sold by State Bank of India and Bank of Baroda surged up to 103...

THE telco is using this route to raise funds for a 2nd time after a $250-m issue by its arm a year ago; funds may be used for expansion or ...

Since July 16, the benchmark bond yield has risen 5 basis points. But, the cost of Bank of Baroda’s perpetual bond rose by a quarter percen...

This calendar year so far, there were only two issuers who raised Rs 1,300 crore through the route. In contrast, Rs 3,427 crore was raised ...

The ratings agency said the negative outlook follows its revision of the outlook on India's long-term foreign- and local-currency IDRs to n...

The Rs 20 lakh crore stimulus package announced by the government will have a much more muted impact on the fiscal deficit than what the he...

Perpetual bonds are a standard instrument in the kitty of capital markets today.

Sovereign-backed institutions are now preferred over their private sector peers, whose funding costs could rise in the next few weeks despi...

RIL is rated on par with the sovereign rating. Companies cannot be rated higher than their sovereign.

The company kickstarted the sale earlier this morning as it seeks to refinance the perpetual bonds it sold in 2013.

The benchmark bond yield was at 6.61% on September 25, the day the Kolkata-based lender sold those risky papers.

With the latest interest payment, some market participants expect that future bond sales may bring down issuers’ borrowing costs by a few b...

About Rs 8,000-9000 crore worth of perpetual bonds are hitting the market offering rates mostly in the broad range of 8.39-11% depending on...

Equity investors may have cheered the government's plan to cut stake in IDBI Bank to less than 51%, but it may come at a cost.

The company, he said, is in midst of its largest ever capex programme of over $30 billion across refinery, petrochemicals and the telecom 4...

India’s second-largest lender ICICI Bank plans to sell $250m Tier-I perpetual bonds overseas next week.