Asian Fixed Income/Frontier Market Research

Bondcritic

Bondcritic, established in 2009, is designed to be an independent credit research voice that helps investors gain insights and unbiased analyses on Asian fixed income market. Our mission is to discover deep-value Asian high-yield and distressed bonds with a bottom-up approach, together with the help of our proprietary ESG (Environmental, Social Development, and Governance) model. At the same time, we focus on bringing investment cases of unrated and unloved issuers to the general public.

INDIA: Illiquid INR Government Bonds to Outperform

India Rates: Improving System Liquidity Could Keep the Yield Curve Steep

Landslide Triumph for Modi Prepares the Ground for Economic Transformation

Rates Strategist, Bondcritic

Sumit Gupta

Rates Strategist

FX & Rates

<ul>
<li>With central banks turning accommodative in their monetary policies, Emerging Market Bonds are attracting interest again. Indian local currency government bonds are well-positioned.</li>
<li>In a series of notes, we will cover the investment behavior of major market participants in the Indian Government bond market. This article discusses the Reserve Bank of India (RBI).</li>
<li>The RBI’s participation is driven by its liquidity management framework. This is under review and fresh communication is expected by mid-July. We discuss our expectations in the context of RBI’s Open Market operations.</li>
</ul>


With central banks turning accommodative in their monetary policies, Emerging Market Bonds are attracting interest again. Indian local currency government bonds are well-positioned.
In a series of notes, we will cover the investment behavior of major market participants in the Indian Government bond market. This article discusses the Reserve Bank of India (RBI).
The RBI’s participation is driven by its liquidity management framework. This is under review and fresh communication is expected by mid-July. We discuss our expectations in the context of RBI’s Open Market operations.


India Rates: INR Bond Market - The Participants

India Treasury

India Rates: INR Bond Market - The Participants