sections

Thursday, 19 October 2017

Krishna Merchant' s stories

Sort by: Newest firstOldest firstA-ZZ-A

  • India's Reliance debt plan in doubt

    People & Markets | 06 October 2017

    Reliance Communications’ move to cut US$3.8bn from its US$7bn debt burden has been thrown off-course due to the cancellation of two deals central to the plan, causing a further sharp slide in its offshore bonds.

  • RBI reversal revives Masala market

    Emerging Markets | 29 September 2017

    The Reserve Bank of India has carved out offshore rupee bonds from its corporate bond quota for foreign investors, allowing inflows into onshore bonds to resume and revive the frozen Masala market.

  • India throws debt lifeline to InvITs

    People & Markets | 22 September 2017

    The Securities and Exchange Board of India has thrown a lifeline to infrastructure investment trusts (InvITs) and real estate investment trusts struggling to raise equity by allowing them to issue debt.

  • India to overhaul rating framework

    People & Markets | 15 September 2017

    India’s market regulator has proposed wide-ranging changes to the governance of rating agencies and more stringent financial disclosure requirements for debt issuers in a bid to make the credit market more transparent.

  • Indonesia broadens infra debt market

    People & Markets | 08 September 2017

    Indonesia’s infrastructure sector has received a boost from new rules broadening the investor base for securities used to fund development projects.

  • India’s EPFO goes down curve

    People & Markets | 25 August 2017

    India’s Employees’ Provident Fund Organisation will soon be allowed to broaden its portfolio of corporate bonds to include AA+ rated private-sector debt, deepening the fixed-income market for corporate borrowers.

  • India's IL&FS eyes novel financings

    People & Markets | 11 August 2017

    Infrastructure Leasing & Financial Services is looking at new financing options in the domestic and overseas markets as Indian banks put the brakes on lending.

  • Indonesia's Mandiri targets offshore business

    People & Markets | 21 July 2017

    Mandiri Sekuritas, the brokerage unit of Indonesia’s biggest bank, is expanding its international underwriting business to target offshore financings, potentially including Global rupiah bonds, after receiving a Singapore licence earlier this year.

  • India curbs foreign bond buying

    People & Markets | 21 July 2017

    New Indian regulatory guidelines on the utilisation of corporate bond limits for foreign investors will completely halt Masala bond issuances in the near term and hurt renewable energy financings, market sources said.

  • Investors welcome India liquidity move

    People & Markets | 07 July 2017

    Investors have welcomed the Indian market regulator’s recent steps to restrict the number of bonds any individual issuer can sell, in a move expected to improve liquidity in the country’s debt market.

  • Indian debt funds gorge on risk

    People & Markets | 30 June 2017

    Flows into credit mutual funds are surging in India, providing a welcome fillip to lower-rated borrowers, while exposing investors to higher risks at a time of rising bad debts.

  • Philippines looks north to diversify

    People & Markets | 09 June 2017

    The Republic of the Philippines is looking at the Panda and Samurai bond markets to diversify its funding sources, but has no plans to reduce its dependence on the local peso market, Treasurer Rosalia De Leon has said in an interview.

  • RComm fails to communicate

    Emerging Markets | 26 May 2017

    Reliance Communications’ offshore bonds suffered a dramatic sell-off last week, as the telecommunications company failed to respond to reports that it was behind on loan payments.

  • India’s online push angers bond bankers

    People & Markets | 26 May 2017

    India’s securities regulator has caused anger among banks and arrangers with its latest proposals to require more bond offerings to be conducted on the electronic platform introduced last year.

  • Rupee Notes

    Rising rupee recharges Masala bonds

    Top News | 28 April 2017

    Indian issuers are dusting off plans for offshore rupee financings after a rebound in the currency brought so-called Masala bonds back on to investors’ radar.

  • Overcrowding fears for Indian bonds

    People & Markets | 21 April 2017

    Indian bond traders are becoming concerned that a jump in issuance from the country’s states will crowd out private sector borrowers.

  • Indonesia moves T-bonds online

    People & Markets | 13 April 2017

    Indonesia has launched a new trading platform to draw more participants into the rupiah bond market, as it awaits a potential S&P sovereign upgrade and embraces more foreign flows.

  • India grapples with excess liquidity

    People & Markets | 07 April 2017

     

  • Rupee Notes

    Off-market deals irk bankers in India

    Top News | 31 March 2017

    For all of India’s efforts to improve transparency in the rupee bond market, investors are still a long way away from finding the right price for corporate debt.

  • India: HDFC sets new Masala milestone

    Emerging Markets | 31 March 2017

    Housing Development Finance Corp’s largest offshore-rupee offering is expected to revive interest in Masala bonds, which have fizzled after a positive start last year.

Show  10 per page20 per page50 per page