Adani Green: Bonds of Tata Motors, Adani Green sink as India’s debt sinks due to weak rupee

[ad_1] Jaguar-owner and mining giant Resources Ltd’s debt suffered the biggest fall on record last week, among a handful of Indian companies whose bonds fell to record lows of the rupee. In addition to those two dollar notes maturing in 2024, Energy’s forex bonds fell the most since March, while GMR Hyderabad 2026 debt also declined, Bloomberg-compiled data shows. The fall coincides with the rupee touching its all-time low against the dollar, posing the challenge of already high interest rates for Indian companies to pay off existing foreign debt or…

LIC news: LIC seeks buyers for Rs 3,400 crore RCAP bonds

[ad_1] Mumbai: (LIC) is looking for buyers for safe bond Valued at ₹3,400 crore issued by Reliance Capitalcurrently running bankruptcy Proceedings, in an attempt to present someone a clean book investor base that has widened in recent times IPOTwo people said to be aware of the development. IDBI Capital Markets (IDBI Caps), the process advisor to the insurance company for the sale of bonds, has invited Expression of Interest (EoI) from Asset Reconstruction Companies (ARCs) by the evening of July 11. The auction will take place after the EOI, though…

Wall St. Weeks Ahead – Dashed Peak Inflation Expectations Cause More Pain for Stocks and Bonds

[ad_1] Blistering inflation threatens to resume double decline in US shares And bondleaving investors to hide from a few places a federal Reserve Which is on the verge of tightening its most aggressive policy in decades. Friday indicated what investors could expect to see in the coming weeks. The benchmark S&P 500 index fell nearly 3%, while the benchmark 10-year . yield on treasure Stronger-than-expected inflation data rises to its highest level since early May after forecasts to be more aggressive irrigated Rate hike later this year. Bond yields move…

10.4% ✸Edelweiss Finance NCD✸ – Jan’20 – Should you Invest?

Edelweiss Finance and Investments Ltd has come out with public issue of non-convertible debentures (NCD) offering up to 10.25% interest rate and opens for subscription from January 23, 2020. Edelweiss Finance is a non-banking finance company, focused on offering a broad suite of secured corporate loan products, retail loan products which are customized to suit the needs of the corporate, SMEs and individuals. Edelweiss Finance NCD – Significant Points: Offer Period: January 23 to 31, 2020 Annual Interest Rates for Retail Investors: 9.75% to 10.25% depending on tenure Price of each…