Debt Market
DEBT MARKETS JOURNEY POST BUDGET
I have not written on debt markets since almost January 2010 post the Credit Policy Review. One of the reasons was that I was waiting for the announcement of Budget and subsequent borrowing calendar. I had hoped that we will have a clear path in debt markets based on the Budget [...]
ARTICLE IN ECONOMIC TIMES DELHI
Article in Economic Times Delhi
New Guideline by SEBI for Debt and Money Market Instruments
Please refer to my note on Templeton Floating Rate Fund. I had referred to SEBI’s new guidelines for valuing securities which was in the pipeline and was expected to come into effect from 1st April 2010. SEBI has today come out with a notification to that effect which is going to come into effect from [...]
Follow up note to the NFO of AXIS Short Term Plan
Thank you all for investing & supporting the NFO of AXIS Short Term Plan which closed on January 20’2010. The said NFO collected a decent sum of close to Rs.300 crs. As was discussed with most of our investors, 50% of these funds are already invested in 2-5 year corporate bonds [...]