IFC to raise $ 8 B from new bond issues for investments.
IFC's Deputy Treasurer and head of funding, John Borthwick, told Reuters the $ 8 billion would be an increase of 60 percent from $ 5 billion last fiscal year, and almost triple the $ 3 billion of the year earlier. "The change that is going to happen...

SEC exempts WB, IFC peso bond issues from registration.
Byline: ANA MARIE MACUJA The Securities and Exchange Commission has exempted the World Bank, which is planning to issue R10-billion in peso-denominated bonds in the domestic market, from its registration reporting requirements because of its supranational character. Apart from IBRD, the SEC has also granted...

Market and investments.
Local shares close higher Local share prices closed 0.5 percent higher Monday as the market continued its rally from last week, dealers said. The composite index rose 8.98 points to 1,951.46 points while the all-shares index gained 0.2 percent to 1,247.27 points. There...

Banks to hit bond street with Rs 10k cr Tier-II issues in FY07.
MUMBAI: More than eight public sector banks and a couple of private sector players are set to enter the bond market with Tier-II issues to raise over Rs 10,000 crore in the current fiscal. Despite a robust growth in deposits garnered and credit growth figures not matching the former,...

Govt to double cap on municipal bond issues.
Byline: Subhomoy Bhattacharjee NEW DELHI: The government is likely to double the cap for individual municipal bond issues from the present Rs 50 crore, to breathe life into the market for such paper. It may also remove the restriction that only one-third of the cost...

CARE downgrades Tier-II bond issues of UWB.
MUMBAI: United Western Bank (UWB) has been downgraded by CARE Ratings. CARE has downgraded the rating on the Tier-II subordinate bond issues of UWB from "CARE BB+" to "CARE B+". Both ratings are sub-investment grade ratings. The face value of the bonds downgraded is Rs 115 crore. ...

Bankers brace for Asian bond issues.
HONG KONG, Jan 13 (Reuters) a" Debt underwriters are bracing for serious sleep deprivation over the next two months, given forecasts that about $15 billion worth of global bond issues from Asia exJapan will hit the market in the first quarter of 2006. All up, 2006 could...

Tiersheet: Bond issues worth Rs 3,000 crore lined up in Dec.
Byline: Atmadip Ray KOLKATA: Amid all the hectic activity in the equity markets, this is something which may be of interest for bond market investors. After a lull for quite sometime now, the private placement market is picking up. This December, bond investors will be spoilt for...

CBoT breathes life into bond issues.
Byline: Atmadip Ray KOLKATA: For bond issuers, the Central Board of Trustees of the Employees' Provident Fund (CBoT) has turned out to be a messiah. At a time when both public sector and private companies have scrambled to mobilise resources from bond street, the CBoT's...

Govt to borrow Rs 63,000 cr through bond issues in H2.
MUMBAI: The Reserve Bank of India (RBI) is expected to be in favour of softer interest rates because of its decision to issue a large quantity of short- and medium-term bonds in the government borrowing for the second half of '06-07. RBI on Monday announced a Rs...