SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields edge lower on inclusion of new 10 year bonds for Rs 15,000 crore bonds sale

19 Nov 2013 Evaluate

Bonds crept higher after the inclusion of new 10 year bonds, for the sale of Rs 15,000 crore worth bonds auction. Further, the bonds also strengthened tracking the spot rupee and riding on expectations of further open market bond buys.

On the global front, U.S. Treasury prices rose on Monday on expectations the Federal Reserve will continue its bond-buying program under new head Janet Yellen, though comments from another Fed speaker underscored the crossroads facing the central bank. Meanwhile, Brent slipped to near $108 a barrel on Tuesday as renewed concern about the possible tightening of monetary policy in the United States offset support from continuing oil supply disruption in Libya.

Back home, the yields on 10-year 7.16% - 2023 bonds, were trading 2 basis points lower at 9.00% from its previous close of 9.02% on Thursday. The bond had closed on Monday.

The benchmark five-year interest rate swaps were trading 2 basis points lower at 8.43% from its previous close of 8.45% on Monday.

The Reserve Bank of India has announced the auction of 91 and 182 days Government of India Treasury Bills for notified amount of Rs 6,000 crore each. The auction will be conducted on November 20, 2013 using 'Multiple Price Auction' method.

The government of India has announced the sale of four dated securities for Rs 15,000 crore on November 22, 2013, which includes, 7.28 % Government Stock 2019 for a notified amount of Rs 3000 crore; New 10 year Government Stock 2023 for a notified amount of Rs 7000 crore; 8.32 % Government Stock 2032 for a notified amount of Rs 2000 crore and lastly, 8.30 % Government Stock 2042 for a notified amount of Rs 3000 crore.

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:

×