Home > Authors > Arjun Parthasarathy

Arjun Parthasarathy

  • Call rate over 10%, yields over 8% next?

    The RBI has announced measures to stem the rupee fall to record low of Rs61.21 to the dollar in intra-day trading last week.

    Tuesday, 16 July 2013 - 6:00am
  • After months, liquidity edges towards surplus

    As deficit collapses, short bonds and funds will do well.

    Tuesday, 9 July 2013 - 5:04am
  • This is the time to build your equity portfolio

    Equities, bonds and currencies reacted negatively to the US Federal Reserve’s statement on halting its bond purchases by the middle of 2014. The negative reaction is short-term in nature. There is no case for a deep and long-term selloff. A strong US economy is good for the world as a whole as...

    Friday, 21 June 2013 - 10:18am
  • As rupee roils, a look at the secretive NDF trades

    Non-deliverable forwards (NDFs) have been in the news of late with the rupee skating downhill. NDF is an over-the-counter, or OTC, derivative market for currencies based offshore. Trading for the $/rupee pair takes place in Singapore, which is the hub for NDF markets. A trade does not require...

    Wednesday, 12 June 2013 - 11:07am
  • Now's time to invest in risk-free gilts

    Government bond yields have been falling and are expected to fall further. In the last one year, the benchmark 10-year yield has slipped from 8.60% to 7.60%, or 100 basis points (bps). If you had invested at 8.60% you are now looking at a return of 15% on an instrument carrying no credit risk...

    Monday, 13 May 2013 - 9:04am
  • Repo cut later, bond yields headed down

    Friday's 25 basis point (bps) reduction in the repo rate is likely to spur a bond market rally going forward.

    Saturday, 4 May 2013 - 9:00am
  • RBI has leeway for a 50bps repo rate cut

    The Reserve Bank of India (RBI) can easily frontload its rate cuts for this fiscal, as there are enough positive data points to back the actions. RBI’s annual monetary policy statement for this fiscal is scheduled for May 3, where the central bank will give out forecasts on economic growth,...

    Tuesday, 16 April 2013 - 8:00am
  • Bank deposit growth lifts bond demand

    Monday, 15 April 2013 - 8:00am
  • Bond yields will rise before falling

    Market will empty positions going into April.

    Wednesday, 20 March 2013 - 3:47am
  • Budget 2013: Interest rates will fall only slowly

    The finance minister delivered a fiscal deficit of 4.8% of GDP as expected by the markets. What does it mean for the economy? Will interest rates come down and government bond yields fall?

    Friday, 1 March 2013 - 9:00am