June 14, 2025
Fixed Assets

The ‘not-so-fixed’ nature of fixed income markets

The roots of what we now call fixed income go back at least 250 years, when the British government issued “Consols”—a type of perpetual bond used to finance wars. These bonds had no maturity date and paid fixed coupons indefinitely, until redeemed by the government. The term gained prominence with the advent of modern portfolio

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Financial Assets

First perpetual bond issue after valuation rule change sees strong interest | Finance News

Canara Bank’s perpetual bond issue received bids worth Rs 4,658 crore. | Photo: Wikimedia Commons 2 min read Last Updated : Aug 27 2024 | 6:25 PM IST India’s first additional Tier I perpetual bond issuance after recent rule changes to make them more appealing was sold at a lower-than-expected coupon, indicating a revival

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