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Cryptocurrency Live News & Updates : Cryptos to Monitor: XRP, Solana, Zeta

Cryptocurrency Live News & Updates : Cryptos to Monitor: XRP, Solana, Zeta

Time of India7 hours ago

16 Jun 2025 | 12:35:11 AM IST
This week, key cryptocurrencies to watch include XRP, Solana, and Zetachain, influenced by market catalysts like interest rate decisions and ETF developments. The cryptocurrency landscape is buzzing with activity this week, particularly for XRP, Solana, and Zetachain. XRP is under scrutiny as the SEC is set to rule on Franklin Templeton's ETF proposal, with traders optimistic about a potential approval. Meanwhile, Solana faces a local bear market but may rebound as it unlocks $275 million in tokens. Zetachain, on the other hand, is struggling, having dropped over 80% this year, but a recent triple-bottom pattern suggests a possible bounce if it holds above $0.20. In a broader context, the Bitcoin network, which has been stable for 15 years, faces an existential threat from quantum computing. Experts warn that advancements in quantum technology could undermine current cryptographic systems, including those securing Bitcoin and Ethereum. The urgency for quantum-proof infrastructure is highlighted by industry leaders like Kapil Dhiman, who emphasize the need for proactive measures to safeguard digital assets. As the crypto community grapples with these developments, the intersection of market dynamics and technological threats underscores the importance of vigilance and innovation in the sector. Show more

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How will RBI's STRIPS facility impact insurance companies?
How will RBI's STRIPS facility impact insurance companies?

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  • Time of India

How will RBI's STRIPS facility impact insurance companies?

Mumbai: The Reserve Bank of India last week allowed the STRIPS (Separate Trading of Registered Interest and Principal of Securities) facility in state government bonds-a seemingly technical change that could be a game changer for insurers. This facility is expected to allow insurance companies to manage cash flows and align their income from investments with future pay-outs to policyholders. STRIPS allows bond traders to strip principal and coupon payments and sell them separately. That means, the cash flows of a bond can be bought and sold. Bonds Corner Powered By How will RBI's STRIPS facility impact insurance companies? The Reserve Bank of India's decision to allow STRIPS in state government bonds is poised to revolutionize cash flow management for insurers. This move enables insurers to sell near-term asset inflows, aligning investment income with long-term policy payouts. STRIPS in state bonds offer a yield advantage and reduce reinvestment risk, making them attractive for long-term investors. RBI cancels 30-year green bond auction amid high bids India bond yields hit 5-week high as surging oil prices add to bearishness before auction RBI allows trading of state govt securities in STRIPS Banks see 15% rise in non-SLR investments in FY25 amid strong market returns Browse all Bonds News with "Insurance companies have long-term liabilities in our books, with little need for cash in the near term. STRIPS enables us to sell our near-term asset inflows, allowing better matching of our asset and liability cash flows," said Churchil Bhatt, executive vice president-investment at Kotak Mahindra Life Insurance Company. "STRIPS in state bonds add a dash of yield uptick to the already existing dual benefits of the product, namely additional duration and reduction in reinvestment risk," he added. Live Events STRIPS are bought at a deep discount and redeemed at face value, making them attractive to long-term, hold-to-maturity investors such as insurers, pension funds and passive debt funds. A key appeal of STRIPS in state bonds is their 30- to 40-basis-point yield pickup over STRIPS in central government securities (G-sec), along with the same sovereign backing, said Venkatakrishnan Srinivasan, managing partner, Rockfort Fincap, a fixed-income institutional advisory firm. In a notification on Thursday, the RBI said all fixed-coupon bonds issued by state governments with a residual maturity of up to 14 years and a minimum outstanding of Rs1,000 crore are eligible for STRIPS. However, these securities must be eligible for meeting the bank's statutory liquidity ratio requirements. Insurance companies have seen higher demand over the past few years for long-term products offering guaranteed returns. These companies look to deploy the inflows in such products in long-term assets like G-Secs and state bonds. According to bond market participants, STRIP has been permitted in eligible central government securities since April 2010. Extension of STRIPS will also help insurers reduce reinvestment risk, referring to the possibility of investors not being able to deploy proceeds from bonds at a desirable rate of interest. Transaction volumes in STRIPS have increased in recent years. According to data published by Clearing Corporation of India, the face value of STRIPS trades in G-secs rose to ₹2.47 lakh crore in FY25 from ₹38,383 crore pre-Covid in FY20. ETMarkets WhatsApp channel )

How will RBI's STRIPS facility impact insurance companies?
How will RBI's STRIPS facility impact insurance companies?

Economic Times

time2 hours ago

  • Economic Times

How will RBI's STRIPS facility impact insurance companies?

Transaction volumes in STRIPS have increased in recent years. According to data published by Clearing Corporation of India, the face value of STRIPS trades in G-secs rose to ₹2.47 lakh crore in FY25 from ₹38,383 crore pre-Covid in FY20. The Reserve Bank of India's decision to allow STRIPS in state government bonds is poised to revolutionize cash flow management for insurers. This move enables insurers to sell near-term asset inflows, aligning investment income with long-term policy payouts. STRIPS in state bonds offer a yield advantage and reduce reinvestment risk, making them attractive for long-term investors. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Mumbai: The Reserve Bank of India last week allowed the STRIPS (Separate Trading of Registered Interest and Principal of Securities) facility in state government bonds-a seemingly technical change that could be a game changer for facility is expected to allow insurance companies to manage cash flows and align their income from investments with future pay-outs to allows bond traders to strip principal and coupon payments and sell them separately. That means, the cash flows of a bond can be bought and sold."Insurance companies have long-term liabilities in our books, with little need for cash in the near term. STRIPS enables us to sell our near-term asset inflows, allowing better matching of our asset and liability cash flows," said Churchil Bhatt, executive vice president-investment at Kotak Mahindra Life Insurance Company."STRIPS in state bonds add a dash of yield uptick to the already existing dual benefits of the product, namely additional duration and reduction in reinvestment risk," he are bought at a deep discount and redeemed at face value, making them attractive to long-term, hold-to-maturity investors such as insurers, pension funds and passive debt funds. A key appeal of STRIPS in state bonds is their 30- to 40-basis-point yield pickup over STRIPS in central government securities (G-sec), along with the same sovereign backing, said Venkatakrishnan Srinivasan, managing partner, Rockfort Fincap, a fixed-income institutional advisory a notification on Thursday, the RBI said all fixed-coupon bonds issued by state governments with a residual maturity of up to 14 years and a minimum outstanding of Rs1,000 crore are eligible for STRIPS. However, these securities must be eligible for meeting the bank's statutory liquidity ratio companies have seen higher demand over the past few years for long-term products offering guaranteed returns. These companies look to deploy the inflows in such products in long-term assets like G-Secs and state to bond market participants, STRIP has been permitted in eligible central government securities since April 2010. Extension of STRIPS will also help insurers reduce reinvestment risk, referring to the possibility of investors not being able to deploy proceeds from bonds at a desirable rate of volumes in STRIPS have increased in recent years. According to data published by Clearing Corporation of India, the face value of STRIPS trades in G-secs rose to ₹2.47 lakh crore in FY25 from ₹38,383 crore pre-Covid in FY20.

Cryptocurrency Live News & Updates : Bitcoin (BTC) Falls Below 105,000 USDT
Cryptocurrency Live News & Updates : Bitcoin (BTC) Falls Below 105,000 USDT

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Cryptocurrency Live News & Updates : Bitcoin (BTC) Falls Below 105,000 USDT

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