SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields tread water in absence of any fresh triggers

08 Apr 2015 Evaluate

Bond yields were holding steady amidst lack of any fresh triggers. The yields were also treading water as traders awaited cut-offs at the treasury bills sale later in the day for direction. The yields hardened in the previous session after India’s central bank, delivering on much expected lines, in its first bi-monthly monetary policy statement, 2015-16 kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 7.5% and consequently, the reverse repo rate under the LAF unchanged at 6.5% and the marginal standing facility (MSF) rate and the Bank Rate at 8.5%

On the global front, U.S. Treasury long debt prices rose on Tuesday as investors consolidated positions in a week generally thin on economic data after last Friday's unexpectedly soft U.S. jobs report. Meanwhile, US and brent crude futures traded higher in choppy trading on Tuesday on lift from a Federal Reserve official arguing that it may be too early to talk about reducing monetary accommodation and a partial closure of Mississippi River after an oil leak.

Back home, the yields on 10 year Government Stock was trading steady at Tuesday’s close of 7.79%.

The benchmark five year swap rate was trading 1 basis point higher at 7.09% from its previous close of 7.08% on Tuesday.

The Government of India have announced the sale (re-issue) of the Government Stock through auctions to be held on April 10, 2015 for for amount of  16,000 crore, including (i) 8.27 per cent GS 2020 for a notified amount of Rs 3000 crore, (ii) 8.15 per cent GS 2026 for a notified amount of Rs 7000 crore, (iii) 8.24 per cent GS 2033 for a notified amount of Rs 3000 crore and lastly (iv) 8.17 per cent GS 2044 for a notified amount of Rs 3000 crore respectively.

The Reserve Bank of India will conduct 2 day variable rate reverse repo auction for a notified amount of Rs 20,000 crore on April 8, 2015. The auction will be conducted between 12.00 pm and 12.30 pm 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

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

MoneyWorks4Me ensures this through: