Latest news with #GovernmentSecurities
Zawya
10 hours ago
- Business
- Zawya
Oman: Tender results of Government Treasury Bills worth $56mln issued
Muscat: The total issuance of Government Treasury Bills amounted to OMR 21.7 million. The value of the allotted Treasury bills amounted to OMR 0.2 million, for a maturity period of 28 days. The average accepted price reached OMR 99.700 for every RO 100, and the minimum accepted price arrived at RO 99.700 per RO 100. The average discount rate and the average yield reached 3.91071% and 3.92248%, respectively. Whereas, the value of the allotted Treasury bills amounted to RO 10.5 million, for a maturity period of 91 days. The average accepted price reached RO 98.936 for every RO 100, and the minimum accepted price arrived at OMR 98.935 per RO 100. The average discount rate and the average yield reached 4.26884% and 4.31476%, respectively. While, the value of the allotted Treasury bills amounted to RO 0.5 million, for a maturity period of 182 days. The average accepted price reached RO 97.900 for every RO 100, and the minimum accepted price arrived at RO 97.900 per RO 100. The average discount rate and the average yield reached 4.21154% and 4.30188%, respectively. On the other hand, the value of the allotted Treasury bills amounted to OMR10.5 million, for a maturity period of 364 days. The average accepted price reached RO 95.798 for every RO 100, and the minimum accepted price arrived at RO 95.780 per RO 100. The average discount rate and the average yield reached 4.21393% and 4.39885%, respectively. Treasury Bills are short-term highly secured financial instruments issued by the Ministry of Finance, and they provide licensed commercial banks the opportunity to invest their surplus funds. The Central Bank of Oman (CBO) acts as the Issue Manager and provides theadded advantage of ready liquidity through discounting and repurchase facilities (Repo). It may be noted that the interest rate on the Repo operations with CBO is 5.00% while the discount rate on the Treasury Bills Discounting Facility with CBO is 5.50%. Furthermore, Treasury Bills promote the local money market by creating a benchmark yield curve for short-term interest rates. Additionally, the Government may also resort to this instrument whenever felt necessary for financing its recurrent expenditures. © Muscat Media Group Provided by SyndiGate Media Inc. (
Times of Oman
a day ago
- Business
- Times of Oman
Tender results of Government Treasury Bills worth OMR 21.7 million issued
Muscat: The total issuance of Government Treasury Bills amounted to OMR 21.7 million. The value of the allotted Treasury bills amounted to OMR 0.2 million, for a maturity period of 28 days. The average accepted price reached OMR 99.700 for every RO 100, and the minimum accepted price arrived at RO 99.700 per RO 100. The average discount rate and the average yield reached 3.91071% and 3.92248%, respectively. Whereas, the value of the allotted Treasury bills amounted to RO 10.5 million, for a maturity period of 91 days. The average accepted price reached RO 98.936 for every RO 100, and the minimum accepted price arrived at OMR 98.935 per RO 100. The average discount rate and the average yield reached 4.26884% and 4.31476%, respectively. While, the value of the allotted Treasury bills amounted to RO 0.5 million, for a maturity period of 182 days. The average accepted price reached RO 97.900 for every RO 100, and the minimum accepted price arrived at RO 97.900 per RO 100. The average discount rate and the average yield reached 4.21154% and 4.30188%, respectively. On the other hand, the value of the allotted Treasury bills amounted to OMR10.5 million, for a maturity period of 364 days. The average accepted price reached RO 95.798 for every RO 100, and the minimum accepted price arrived at RO 95.780 per RO 100. The average discount rate and the average yield reached 4.21393% and 4.39885%, respectively. Treasury Bills are short-term highly secured financial instruments issued by the Ministry of Finance, and they provide licensed commercial banks the opportunity to invest their surplus funds. The Central Bank of Oman (CBO) acts as the Issue Manager and provides theadded advantage of ready liquidity through discounting and repurchase facilities (Repo). It may be noted that the interest rate on the Repo operations with CBO is 5.00% while the discount rate on the Treasury Bills Discounting Facility with CBO is 5.50%. Furthermore, Treasury Bills promote the local money market by creating a benchmark yield curve for short-term interest rates. Additionally, the Government may also resort to this instrument whenever felt necessary for financing its recurrent expenditures.
Times of Oman
6 days ago
- Business
- Times of Oman
Structural deposit pressure on Indian banks eases due to RBI's liquidity steps: Fitch
New Delhi: Indian banks are seeing a marked easing in structural deposit pressures, helped by the Reserve Bank of India's (RBI) aggressive liquidity support measures in 2025, according to Fitch Ratings. The global credit rating agency noted that since January, the RBI has injected approximately Rs 5.6 trillion, around 2 per cent of total system assets, into the banking system through government securities purchases. This has led to a liquidity surplus since March and significantly softened funding conditions for banks. Fitch believes that these steps have alleviated the intense competition for deposits that Indian banks had been grappling with over the past year. Structural deposit pressures had previously built up as loan growth outpaced deposit mobilization, driving up the loan-to-deposit ratio and forcing banks to raise deposit rates to attract funds. However, the RBI's liquidity easing, combined with a 100 basis point cut in the cash reserve ratio (CRR), is expected to release an additional Rs 2.7 trillion in liquidity in phases, has reversed that trend. The availability of surplus liquidity has already started driving down the cost of fresh deposits. Although Fitch anticipates a 30 basis point contraction in net interest margins for FY26 due to the immediate downward repricing of nearly half of the outstanding loans, it expects margin pressures to ease in FY27 as deposit costs fall further and the benefits of lower CRR requirements take hold. The report also points out that loan growth for FY25 is projected at 11 per cent, slightly above nominal GDP growth of 9.8 per cent, which may reflect rising risk appetite among banks. Despite the relief from structural deposit pressure, Fitch cautions that this could reverse if the RBI tightens liquidity in response to inflation or currency volatility. Such a move could again elevate funding costs and compress margins. In conclusion, Fitch asserts that the RBI's liquidity easing has played a central role in relieving structural deposit pressures in the Indian banking system.
Business Standard
11-07-2025
- Business
- Business Standard
Govt to auction Rs 25,000 crore in government securities on July 11
The Government of India has announced the sale and re-issue of Government Securities (G-Secs) worth ₹25,000 crore through auctions scheduled to be held on Friday, July 11, 2025. The auction will include (i) New GS 2032 for a notified amount of Rs 11000 crore and (ii) 7.09% GS 2074 for a notified amount of Rs 14,000 crore. The underwriting auction will be conducted through multiple price-based method on July 11, 2025 (Friday).
Hans India
21-06-2025
- Business
- Hans India
FPI inflows remain resilient, SEBI move to further boost foreign investments: Analysts
Mumbai: The trend of foreign portfolio investment (FPI) experienced a reversal in April and demonstrated considerable strengthening in May, characterised by positive inflows, which continues as June progresses, analysts said on Saturday. On June 20, the FPI inflows in equity stood at Rs 7,940.70 crore, as per the NSE's latest data. According to market experts, the inflows recorded in May represented the highest level observed in eight months, signifying a resurgence of interest from foreign investors in the Indian markets. 'Nonetheless, geopolitical tensions, including the conflict between Israel and Iran, alongside global uncertainties, fostered a cautiously optimistic pattern in June,' said Vipul Bhowar, Senior Director-Listed Investments, Waterfield Advisors. Enhancing domestic fundamentals and a favourable long-term growth outlook indicate that, should global conditions stabilise, India may experience more sustained and stable foreign portfolio investment inflows in the future, he added. India's economy continues to stand out as one of the world's fastest growing and most resilient, backed by strong macroeconomic fundamentals and a vibrant policy landscape. The nation's regulatory institutions, led by SEBI, have consistently pursued reforms aimed at deepening market participation, enhancing transparency, and simplifying compliance to attract global capital. In a landmark move to deepen the debt market and provide much needed liquidity; SEBI has announced regulatory relaxations exclusively for FPIs investing in Government Securities (G-Secs) in the recent board meeting. 'This forward-looking measure arrives on the heels of India's inclusion in global bond indices like the JP Morgan Global EM Bond Index and Bloomberg EM Local Currency Government Index, which is expected to attract large-scale FPI inflows,' said Manoj Purohit, Partner and Leader, Financial Services Tax, Tax and Regulatory Services, BDO India. SEBI's move reduces compliance burdens by harmonising KYC review timelines with RBI norms, exempting GS-FPIs from submitting investor group details, and permitting NRIs, OCIs, and Resident Indians to participate in GS-FPIs with fewer restrictions. Additionally, FPIs now enjoy a more relaxed timeline -- 30 days for disclosing material changes, up from 7 days earlier. These changes reflect SEBI's risk-based regulatory approach and are poised to deepen FPI engagement in India's sovereign debt market. As India's economic fundamentals remain robust, these progressive measures will strengthen the country's appeal as a stable and attractive investment destination for global institutional investors, said analysts.
