Tag Archives: Bonds

FIIs/QFIs permitted to invest in Government Debt without auction mechanism

FIIs/QFIs shall hereafter be permitted to invest in Government Debt without purchasing debt limits till the overall investment reaches 90%. Once this 90% limit is reached, auction mechanism shall be initiated for allocation of the remaining limits, as currently in place for FII investments in Corporate Debt. Presently FIIs/QFIs have to purchase the debt limits through the auction mechanism.

SEBI has issued a circular CIR/IMD/FIIC/15/2013 dated September 13, 2013 regarding Government Debt Limit Allocation Mechanism for FIIs/QFIs.

The circular is available on the SEBI website : www.sebi.gov.in

Video coverage (Part 2) – Panel Discussion on “Knowledge & Skills expected from a Credit Research Professional” – September 17, 2013

Panel Discussion coverage organized during the launch of Certified Credit Research Certification (CCRA) certification program in Mumbai on September 17, 2013.

The Panelists included:

Mr. Biharilal Deora ( Principal Advisor, Credit Research Programs- AIWMI) – Moderator
Mr. Rajesh Mokashi (DMD -CARE Ratings)
Mr. G D Banga (GM Risk Management – SBI)
Mr. Vaibhav Karkhanis (Head – Credit KPO, JP Morgan)
Mr. Dinesh Balachandran (Research, SBI Mutual Fund)

Exclusive Invitation: Commodities Seminar Live Webcast 2013 – Today, 19th Sept 2013

S&P Dow Jones Indices invites you to this half-day complimentary seminar which has become Europe’s annual meeting point for commodity aficionados in less than a decade.

Join us and other leading industry professionals for an afternoon of education and networking opportunities. Take a front row seat to walk away with valuable insights into current trends and issues under the umbrella of who’s complaining, who’s hedging, who’s speculating, who’s to blame and finally, where do I go?

Our speakers will examine:

– What causes spikes in commodity prices and how regulation is impacting commodity investment in modern market times.

– Perspectives on what the speculators are doing versus who are the hedgers, and why the lines might not be so clear.
– What incidental factors are tipping the market and the limitations for producers and consumers?
– What’s driving the world’s demand economy today and where it might be heading.
– The latest techniques in managing commodity index exposures in potentially uncertain times.

Register at

http://mediazone.brighttalk.com/event/spindices/47951a40ef-7851-intro?elq=1cf93c9894d643d8980362046fbbae9d

http://mediazone.brighttalk.com/event/spindices/47951a40ef-7851-registration

Agenda http://mediazone.brighttalk.com/sitedata/7d04bbbe5494ae9d2f5a76aa1c00fa2f/download/13421_7th_Annual_SPDJI_Commodity_Seminar_Brochure_A4_091613-%20FINAL.pdf

Fitch: Rupee Impact Highest for Indian Downstream National Oil Companies

Read more at  Fitch: Rupee Impact Highest for Indian Downstream National Oil Companies
29 August 2013
Fitch Ratings has said that the depreciation of the Indian rupee has varying levels of implications for rated energy & utilities companies in India, but their ratings are not immediately affected. The risks to standalone financial profiles are highest for state-controlled petroleum marketing companies among the Indian energy sector issuers currently rated by Fitch.

Fitch: Currency Slide Will Add to Indian Banks’ Woes

Read more  Fitch: Currency Slide Will Add to Indian Banks’ Woes
29 August 2013 :  The sharp depreciation of the Indian rupee will add to credit pressures on Indian banks, says Fitch Ratings. The current economic slowdown is also likely to be deeper and longer than our baseline expectations, adding to the pressures already faced by the local banking sector.

Indian Auto Industry- In Reverse Gear – CARE Rating

In the month of August CARE did webinar on ‘Indian Auto Industry- In Reverse Gear’ and provided details on current market scenario and our outlook on the industry.

Asia’s Economic Transformation: Where to, How and How Fast? – Live Chat – 5th Sept

Asia’s Economic Transformation: Where to, How and How Fast?

When: Thursday, 05 September 2013 – 06:00 to 07:00 GMT

Share your views and join the global discussion on:

  • What are the key trends in Asia’s rapid economic transformation?
  • Is industrialization a necessary path to prosperity for Asian countries?
  • What roles are services and agriculture playing in economic diversification?
  • Will past patterns of structural change in Asia repeat themselves?
  • What can Asia’s developing economies do to promote growth and diversification?
  • How important is quality education for economic diversification?

Access the chat on this page on 5 September. Share your views in advance and send your questions to Giovanni Verlini or through Facebook or Twitter.

Chat/Registration page : http://blogs.adb.org/chats/asias-economic-transformation-where-how-and-how-fast

 

Moody’s Teleconference: Outlook for Global Reinsurance 4th Sept

Moody’s Teleconference: Outlook for Global Reinsurance

  • Wednesday, 04-Sep-2013 – Wednesday, 04-Sep-2013
  • 15:30 GMT – 16:30 GMT

Register online at 

Moody’s & ICRA Briefing: Can the Global Pharmaceutical Industry Sustain Growth? (Mumbai, 5 September 2013) – In person Meeting

Moody’s & ICRA Briefing: Can the Global Pharmaceutical Industry Sustain Growth? (Mumbai, 5 September 2013) – In person Meeting

  • Thursday, 05-Sep-2013 – Thursday, 05-Sep-2013
  • 1:00PM – 2:30PM
  • Mumbai, INDIA
 Register at

 

 

Complimentary Subscription to Moody’s Credit Outlook and Weekly Market Outlook

Complimentary Subscription to Moody’s Credit Outlook and Weekly Market Outlook

Moody’s Credit Outlook : Credit implications of current events.
Weekly Market Outlook : Insights and data from John Lonski and colleagues at Moody’s Analytics on corporate bond, CDS, and equity markets