gilts

Every crisis reminds us that markets can swing like a pendulum between greed and fear. Fixed income offers comfort in those phases and does its job as a stabiliser.

JP Morgan Chase CEO Jamie Dimon is reconsidering a multibillion-dollar London office project due to the UK's political climate, warning of potential withdrawal if a future government proves "hostile to the banks." Despite this, Dimon expressed support for Keir Starmer and Rachel Reeves, advocating for closer UK-Europe ties post-Brexit. Political instability surrounding Starmer's leadership is also impacting UK bond markets.

Gold price prediction today: Gold prices are unlikely to rise too much unless crude oil prices come down for a longer term duration, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

Two brothers unearthed a vast Viking treasure in North Yorkshire. This discovery, the Vale of York Hoard, contains over 600 coins and silver items from across the globe. It shows Vikings were skilled traders, not just raiders. The find offers a glimpse into a turbulent past and highlights the rich history beneath our feet.

Rising geopolitical tensions in West Asia have pushed up crude oil prices, triggering a rise in bond yields. Higher oil prices and a weakening rupee are stoking inflation concerns, prompting investors to reassess their debt portfolios

It’s the start of a new financial year, and if you are wondering where to put your money - this article has you covered. We asked five experts what they think is the right portfolio strategy for investors at the current juncture.

Gilt funds, also known as government securities funds, provide fixed-income investors with a high-quality portfolio and the opportunity for capital appreciation. These funds exclusively invest in bonds issued by the central and state governments, offering no credit risk.

Gilt funds investing in government securities with longer duration are increasingly gaining popularity among savvy investors, who are betting on this fixed income category to outperform stocks over the next six months if the Reserve Bank of India starts cutting rates early next year.

Gilt funds, which delivered stellar returns last year, have slipped into the negative zone due to rising yields on government bonds and higher government borrowings.

The RBI’s unwillingness to not let the rate of interest in the economy rise led to a Rs 962 crore devolvement on primary dealers in Friday’s gilt auction through which the government borrowed Rs 15,000 crore from the market.

If 2009 turned out to be a good year for diversified equity mutual funds (MFs), it was perhaps one of the worst for gilt funds, which offered the best returns to investors in a gloomy and uncertain 2008.

The recent market correction and buzz about interest rate cuts have brought gilt funds, which invest in government securities, and income funds back in the reckoning. Gilt and income funds have beaten benchmark equity indices in the three-month and six-month timeframe.

Compared to the Rs 30,000 crore that was on offer, gilts only worth about Rs 9,200 crore were offered and about Rs 7,550 crore, that’s about 25% of the total amount on offer, was accepted by the RBI for switch, the central bank’s data showed.

Gilt funds were the best performers across categories during the quarter ended June 2012.

After an initial rally, the benchmark 10-year gilt yield hardened on Friday as market players now expect the new government to come out with some data that the previous government may not have disclosed, which can have some negative implications for the bond market.

Nearly half of the 50-odd medium and long term gilt funds have slipped into the negative zone in the last six months, data shows.

Gilt funds, which invest primarily in government securities (G-Secs), delivered the highest returns among debt-oriented categories for the quarter ending December 31, gaining from the southern drift in interest rates, according to CRISIL Mutual Fund (MF) Ranking.

With hopes of easing of interest rates and a cut in key policy rates rising , mutual funds (MFs) have increased their exposure to gilts or government securities (G-Secs ).

Investors are advised to consider making staggered investments in debt mutual funds, particularly gilt schemes that focus on long-term government securities, over the next six months. Fund managers believe that investments in such funds with a two- to three-year view could yield returns of around 200 basis points above inflation.

In a sign that even bond investors are taking a cautious stance ahaed of US Fed’s crucial meeting to decide on interest rates on December 16, bonds worth nearly Rs 2,800 crore remained unsold (devolved of primary dealers) in Friday’s auction of government securities aggregating Rs 15,000 crore. This is the second consecutive week of devolvement of gilts in as many weeks. Last week gilts worth nearly Rs 1,950 crore was unsold.

Gilt funds, which lost their lustre due to hardening yields on government bonds, are slowly moving up the performance charts on the back of an increase in bond prices in recent months.

A renewed bout of sell-off in the bond markets around the globe pulled down prices of government securities (G-secs) in India with the new 10-year yield rising to 7.8% and the old 10-year to over the psychologically important 8% mark on Thursday, nearly a 6-month high level for the old paper.

PUNE: Serious questions are now being raised about the non-receipt of securities worth Rs 27 crore by the Satguru Jangli Maharaj Cooperative Bank.