SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields tread water ahead of results of Rs 12,000 crore debt sale

22 Aug 2014 Evaluate

Bond yields were treading water in early deals on Friday as traders were wary of adding large positions ahead of the results of Rs 12,000 crore debt sale, however lower oil prices, which are expected to aid debt demand, could weigh on bond yields in later part of the session.

On the global front, U.S. Treasuries drifted higher on Thursday, showing little reaction to stronger-than-expected economic data while investors held out for any developments from the annual central banker get-together in Jackson Hole, Wyoming. Meanwhile, brent was trading below $103 a barrel on Friday, heading for a second weekly loss as easing geopolitical risks and higher global oil supply pressured prices.

Back home, the yields on new benchmark 8.40%- 2024 bond was trading steady at its Thursday’s close of 8.51%

The benchmark five-year interest rate swaps were trading steady at Thursday’s close of 8.03%.

The Government of India has announced the sale (re-issue) of four dated securities for Rs 12,000 crore on August 22, 2014, including, (i) 8.27% Government Stock 2020 for a notified amount of Rs 2000 crore, (ii) 8.60% Government Stock 2028 for a notified amount of Rs 6000 crore, (iii) 9.20% Government Stock 2030 for a notified amount of Rs 2000 crore and lastly (iv) 8.30% Government Stock 2042 for a notified amount of Rs 2000 crore respectively.

 The Reserve Bank will conduct a 14-day term repo variable rate auction for a notified amount of Rs 61,500 crore on August 22, 2014 (Friday). The auction will be conducted as per the revised guidelines issued on February 13, 2014

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×