Latest news with #bondinvesting
Entrepreneur
25-06-2025
- Business
- Entrepreneur
IndiaBonds Raises INR 32.5 Cr to Scale Bond Investment Platform
The funds will be used to scale its digital platform, enhance product offerings, and advance its mission of making bond investing mainstream and accessible in India. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Mumbai-based SEBI-registered bond investment platform IndiaBonds has secured INR 32.5 crore (USD 3.77 million) in its first external funding round, drawing support from a curated group of marquee individual investors in the investment and technology sectors. The funds will be used to scale its digital platform, enhance product offerings, and advance its mission of making bond investing mainstream and accessible in India. Founded in 2021 by Vishal Goenka and Aditi Mittal, IndiaBonds empowers both retail and institutional investors to access, assess, and invest in a variety of fixed-income instruments including corporate bonds, government securities, and digital fixed deposits. Vishal Goenka, Co-founder of IndiaBonds, said, "We have raised a friends and associates round from a very select set of individuals who are not just contributing capital but also providing critical guidance for our scale-up stage. This round allows us to continue on a high-growth trajectory, and we may consider institutional funding from next year." He added, "We are grateful to our clients and team who have been key to our vision of a Bond in Every Hand!" IndiaBonds has launched several innovative tools such as the Bond Yield Calculator and a public Bond Directory, designed to simplify fixed-income investing and bring greater transparency and efficiency to the ecosystem. Operating as a leading Online Bond Platform Provider, IndiaBonds is pioneering a digital revolution in India's fixed-income market. The platform offers a comprehensive suite of investment solutions, positioning itself as a go-to destination for fixed-income investing. With this fresh funding and the support of its experienced team, IndiaBonds aims to deepen its impact on India's evolving debt markets.
Free Malaysia Today
29-05-2025
- Business
- Free Malaysia Today
FX hedging cost drop sparks debate on Asia bond defence bets
Three-month forward implied yields for dollar-won have fallen to around 1.7% this week, the lowest level in more than two years. (EPA Images pic) SINGAPORE : A decline in currency hedging costs across Asia is fueling a debate among bond investors on whether they should fortify their portfolios with cheap protection or let the opportunity slide. Three-month forward implied yields for dollar-won have fallen to around 1.7% this week, the lowest level in more than two years, signaling plummeting hedging costs for South Korean bonds. The same gauges for currencies in Thailand, Indonesia, China and India are also below their one-year averages, according to Bloomberg calculations. Currency hedging costs are falling at a crucial time for investors funding their holdings in Asia with dollars due to elevated market volatility fueled by US policy whiplash and de-dollarisation concern. However, investors with the stomach for risk could also look for any further declines in the dollar as it would enhance returns on their local currency assets. Dollar or euro-funded investors would be more comfortable investing in Asia local-currency fixed income with currency hedges, according to Frances Cheung, head of FX and rates strategy at Oversea-Chinese Banking Corp. 'There has been robust foreign inflows into China's Negotiable Certificates of Deposit (NCD) on the pick-up after hedging, and even if hedged returns narrow further after this, flows may still come in if diversification is the goal,' she added. An investor who hedges a long position in a one-year China NCD with a 12-month dollar-offshore yuan forward will pocket a return of 52 basis points over US SOFR, or 4.85%, according to Bloomberg calculations. 'Lower hedging costs or higher yield pickup will remain a tailwind for Asia local-currency government bonds, and is the most attractive in China and Thailand,' said Stephen Chiu, chief Asia FX and rates strategist at Bloomberg Intelligence. 'Hedging costs have fallen as US front end rates remain high, while Asia front end rates are down on easing expectations,' he added. Central banks in Indonesia, India, Thailand and South Korea have lowered their key rates by a cumulative 175 basis points so far this year while the Federal fund rate has remained unchanged over the same period. A drop in forward-implied local currency yields relative to American rates makes it cheaper for US-based investors to go short Asian currencies and long the dollar for hedging against potential foreign-exchange losses on their bond portfolios. The dollar-baht three-month forward implied yields are two standard deviations below the one-year average. The same gauge for Indonesia, China and Taiwan stands at -1.40, -1.36 and -0.53 respectively. Bank of Korea trimmed policy rates by 25 basis points today as was widely expected, while flagging the likelihood of more interest rate cuts to come, which is likely to further drag down hedging costs. May inflation data from Thailand, Indonesia, the Philippines and South Korea early next month will also set the tone for monetary policies in those nations and therefore their currency hedging costs.
Yahoo
17-05-2025
- Business
- Yahoo
'Quite Attractive' Opportunities in Asian Bonds, BlackRock's Saigal Says
BlackRock's Navin Saigal says the current environment is "an exciting one" and perhaps what most investors "are not entirely used to." Saigal tells Bloomberg Television that "what is inflationary at the margin for the US could be deflationary for China and the rest of Asia." He says the disinflationary or deflationary trend is real, but it also creates a huge opportunity for bond investors to add a diversified market to their portfolios. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
