Bond yields edge lower on Friday; US key jobs data eyed

05 Dec 2014 Evaluate

Bond yields were trading lower tracking lower crude oil prices and on account of prevailing positive sentiment after RBI, in its fifth bi-monthly monetary policy, underscored that monetary easing may happen in early 2015. Additionally, prevailing cautiousness ahead of the key U.S. jobs report later in the session, which would render some direction in the near term, also weighed on the sentiment. The U.S. nonfarm payrolls report is expected to show that employers added 230,000 new jobs last month, and the unemployment rate is seen remaining unchanged at 5.8%.

On the global front, U.S. Treasuries prices rose on Thursday, while European bond prices sagged, after the euro zone's chief central banker said policymakers would not decide until early next year if the slowing region needs more economic stimulus. Meanwhile, brent crude fell close to $69 a barrel on Friday, putting it on track for a second weekly decline, as cuts to official selling prices from Saudi Arabia reverberated across the market.

Back home, the yields on new 10 year Government Stock 2023 was trading 4 basis points lower at 7.93% from its previous close of 7.97% on Thursday.

The benchmark five-year interest rate swaps were trading 2 basis points lower at 7.15% from its previous close of 7.17% on Thursday.

The Reserve Bank of India will conduct overnight reverse repo variable rate auction for a notified amount of Rs 20,000 crore today (December 4, 2014, Thursday). The auction will be conducted between 4.00 p.m. and 4.30 p.m. as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

The Government of India have announced the sale (re-issue) of the Government Stock through auctions to be held on December 5, 2014, including (i) 8.27 per cent GS 2020 for a notified amount of Rs 2000 crore, (ii) 8.15 per cent GS 2026 for a notified amount of Rs 150 crore, (iii) 8.24 per cent GS 2033 for a notified amount of Rs 75 crore and lastly (iv) 8.30 per cent GS 2040 for a notified amount of Rs 75 crore.

The Reserve Bank of India will conduct 3 day variable rate reverse repo auction for a notified amount of Rs 30,000 crore today (December 5, 2014, Friday). The auction will be conducted between 4.00 p.m. and 4.30 p.m. as per the revised guidelines on Term Repo Auctions 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

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

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

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.