Yesterday I was going through some of the Indian newspapers and surprised to see some articles on Indian debt market, which is a very rare scenario where the Indian market is dominated by equities. May be it was more a tax saving investment as the equity market where more volatile and IPOs were flopped.
Whereas the developed world debt market dominates where the bond market, has experiences gains and losses in response to cyclical interest-rate, It’s like business cycle during which an economy expands, contracts and recovers could be termed as market cycle.
Before getting back to the Indian bond market let’s try to see the key components of Fixed Income securities, it’s the Credit quality, yield, and maturities are key components of fixed-income securities.
Continue reading “Fixed Income Investments in Indian Market”
I hate writing on the IPOs personally I don’t like them – It is important to highlight apart from Mr Amitabh Bachchan who else is playing the Just dial game becoming bit richer as he owned 62,794 shares, or 0.1% of Just Dial, since February 2011.
Though Mr. Bachchan won’t be selling his equity in the share sale, his investment could now be worth as much as 34 million rupees ($615,249). Meaning, he has made a theoretical profit of 33.5 million rupees ($603,048).
Moving out from Bollywood the latest that I know is Just Dial’s up to 9.4 billion rupee ($170 million) initial public offer was subscribed 11.6 times on closing on Wednesday, in what is the biggest IPO in the country so far this year. Continue reading “Just Dialed or Just Don’t Dial – IPO”
Couple of weeks I did an article on Fixed Income Investments in Indian Market. And provided some caveat. Before getting back to the Indian bond market let’s try to see the key components of Fixed Income securities, It’s the Credit quality, yield, and maturity are key components of fixed-income securities.
Well Credit quality is an indicator of the ability of the issuer of the fixed income security to pay back his obligation. The credit quality of fixed-income securities is usually assessed by independent rating agencies Continue reading “Investing in Bond or Bond Fund”