Though there are various options to buy them, the issue with the corporate bond market is that there is not much liquidity. A regulatory framework, proposed by SEBI, enumerates many…
Posts TaggedRatings
Credit Risk: Defaults By High-Rated Issuers Show Avoiding Risk Is Not So Simple
Joydeep Sen In an earlier article, we had discussed the contours of credit risk funds, the risks and the mitigants. Today we discuss a related but slightly different concept: the…
Bad Loans And Investment Climate: Not As Bad As It Seems
SYNOPSISSome data indicates that banks’ bad assets are near to bottoming out When we are bombarded with something every quarter, we end up believing it. In fact, sometimes it seems…
All You Need To Know Before Investing In Credit Risk Funds
Joydeep Sen Credit risk funds have suddenly sprung into discussion consequent to two recent ‘credit rating downgrades’. Let us put things in perspective, in the context of investing in credit risk…
Oversight Of Rating Agencies: Piecemeal To Structured
SYNOPSISWhen we hear the term ‘defaulter’, we relate it to a sub-standard borrower but not with the rating agency that lagged in its job. A few companies faced sharp rating…
Why Investors Must Keep InvITs On Their Radar
An InvITs is a pool of money for investing in infrastructure projects and distribution of the earnings to the unit holders. When it comes to investment options, the more the…
Rating Agency Default Study: What Is In It For Investors?
Till date, no long term instrument rated AAA by CRISIL has ever defaulted. For instruments rated AA, the average 3-year default rate is less than 1 percent, which means if…
Bond Investments Through Secondary Market Can Offer You A Better Deal
For retail investors intending to purchase bonds in lot size of say few lakh rupees, when there is no primary issue available or the primary issue is not matching up…
Credit Rating Agencies: Credibility And Accountability
There is a conflict of interest, globally, in the rating process as they are paid by the issuer and consumed by the investor. There are many headlines that pass by…
Preference Shares: Relevant For Fixed Income Investors
Preference shares depict features of bonds when one looks at risk-return profile. The term preference share evokes mixed reactions in terms of the risk-return profile, and is perceived as a…
Should You Invest In A Bank Perpetual Bond?
The acceptability of these bonds is increasing gradually as more financial institutions and HNIs are taking exposure. We have seen a host of Bank Additional Tier I (AT1) Perpetual Bond…