Jump to content

అమ్మకానికి అమరావతి బాండ్లు


Anne

Recommended Posts

3 minutes ago, Jaitra said:

Why to stay away bro?

It's guaranteed by the government na

US Government or indian government bonds are different. state government bonds don't carry that weight.

frankly..difficult to comment as it is the first time, a state government is doing this to build a capital.

positives: Good credit rating.

negative: Why should I take risk in a state government bond when rulers may change at any point of time that too not tax-free.

 

especially when rules change like this

https://www.livemint.com/Industry/XaZtmSBVwZCa3YcuV95MeI/RBI-tightens-rules-around-state-bond-valuations-in-blow-to-b.html 

Link to comment
Share on other sites

అమరావతి బాండ్లకు భారీ డిమాండ్‌

 

స్టాక్‌మార్కెట్‌లో ఓవర్‌ సబ్‌స్క్రైబ్‌ అయిన బాండ్లు

02054814BRK90.JPG

ముంబయి: నవ్యాంధ్ర రాజధాని అమరావతి నిర్మాణం కోసం రాజధాని ప్రాంత అభివృద్ధి ప్రాధికార సంస్థ( సీఆర్డీఏ) విడుదల చేసిన అమరావతి 2018 బాండ్లు నూతన అధ్యాయాన్ని సృష్టించాయి. బొంబాయి స్టాక్ ఎక్స్చేంజిలో ట్రేడింగ్ అవుతూనే గంట వ్యవధిలో 2 వేల కోట్ల రూపాయలను ఆర్జించాయి. తొలివిడతగా 1300 కోట్ల రూపాయలకు సీఆర్డీఏ బాండ్లను విడుదల చేసింది. అనూహ్యంగా గంట వ్యవధిలోనే 1.5 రెట్లు ఓవర్ సబ్ స్క్రైబ్ అయిన అమరావతి బాండ్లు 2వేల కోట్ల రూపాయల మార్కెట్‌ను సృష్టించాయి. తొలి బిడ్‌లో 600 బాండ్లను సంస్థాగత మదుపరులు దక్కించుకున్నారు. అనంతరం గంట వ్యవధిలో అన్ని బాండ్లనూ దక్కించుకునేందుకు మదుపరులు పోటీ పడ్డారు. దీంతో బాండ్లు ఒకటిన్నర రెట్లు ఓవర్ సబ్ స్క్రైబ్ అయినట్లు బోంబే స్టాక్ ఎక్చ్సేంజీలో నమోదైంది.

బీఎస్ఈలో తొలిసారి అమరావతి బాండ్లు ట్రేడింగ్ అవుతున్న వ్యవహారాన్ని సీఆర్డీఏ ఉన్నతాధికారులు చాలా ఉత్కంఠతో పరిశీలించారు. వీటికి సంస్థాగత మదుపరుల నుంచి అనూహ్య స్పందన రావడంపై అధికారులు సంతోషాన్ని వ్యక్తం చేస్తున్నారు. దేశవ్యాప్తంగా మున్సిపల్ బాండ్లలో ఓ స్థానిక నగరాభివృద్ధి సంస్థ జారీ చేసిన బాండ్లకు ఈ స్థాయిలో ఆనూహ్య స్పందన రావటం ఇదే తొలిసారని అధికారులు స్పష్టం చేస్తున్నారు. ఇప్పటివరకూ దేశంలోని మున్సిపాలిటీలు జారీ చేసిన మొత్తం బాండ్ల విలువ 1800 కోట్ల రూపాయలైతే.. ఒక్క సీఆర్డీఏ గంట వ్యవధిలోనే బాండ్ల ద్వారా 2వేల కోట్ల రూపాయల నిధుల్ని సేకరించగలిగిందని అధికారులు వెల్లడించారు.

మా లక్ష్యం రూ.10వేల కోట్లు

దీనిపై సీఆర్‌డీఏ కమిషనర్‌ శ్రీధర్‌ మాట్లాడుతూ.. అమరావతి బాండ్లకు తాము ఊహించిన దానికంటే ఎక్కువ స్పందన వచ్చినట్లు తెలిపారు. రూ.1300 కోట్ల నిధుల సేకరణ అంచనా వేస్తే ఏకంగా రూ.2వేల కోట్లకు పైగా ఓవర్‌ సబ్‌స్ర్కైబ్‌ అయినట్లు తెలిపారు. మున్సిపల్‌ బాండ్ల కేటగిరీలో ఇంత భారీ మొత్తంలో సబ్‌స్ర్కైబ్‌ కావడం దేశంలో ఇదే తొలిసారని తెలిపారు. ముఖ్యమంత్రి చంద్రబాబునాయుడు ఇచ్చిన సలహాతోనే అమరావతి బాండ్లను స్టాక్‌మార్కెట్‌లో ప్రవేశపెట్టినట్లు వెల్లడించారు. రాబోయే రోజుల్లో రిటైల్‌ బాండ్లను కూడా ప్రవేశపెడతామని పేర్కొన్నారు. రాజధాని నిర్మాణానికి బాండ్ల ద్వారా రూ.10వేల కోట్లు సేకరించాలని లక్ష్యంగా పెట్టుకున్నామని.. అందులో భాగంగా తొలి విడతగా రూ.1300 కోట్ల విలువైన బాండ్లను విక్రయించినట్లు చెప్పారు. దశలవారీగా మిగిలిన బాండ్లను కూడా స్టాక్‌మార్కెట్‌లో ప్రవేశపెడతామని శ్రీధర్‌ తెలిపారు.

Link to comment
Share on other sites

13 minutes ago, nvkrishna said:

US Government or indian government bonds are different. state government bonds don't carry that weight.

frankly..difficult to comment as it is the first time, a state government is doing this to build a capital.

positives: Good credit rating.

negative: Why should I take risk in a state government bond when rulers may change at any point of time that too not tax-free.

 

especially when rules change like this

https://www.livemint.com/Industry/XaZtmSBVwZCa3YcuV95MeI/RBI-tightens-rules-around-state-bond-valuations-in-blow-to-b.html 

If centre gives tax exemption on these then this is something we can look at definitely.

Link to comment
Share on other sites

39 minutes ago, nvkrishna said:

US Government or indian government bonds are different. state government bonds don't carry that weight.

frankly..difficult to comment as it is the first time, a state government is doing this to build a capital.

positives: Good credit rating.

negative: Why should I take risk in a state government bond when rulers may change at any point of time that too not tax-free.

 

especially when rules change like this

https://www.livemint.com/Industry/XaZtmSBVwZCa3YcuV95MeI/RBI-tightens-rules-around-state-bond-valuations-in-blow-to-b.html 

Govt bonds have to be honored even if parties change Kada bhayya..!! 

I believe just to attract investment community, Govt is paying 1% premium. Else, at 9-10%, these bonds could have subscribed. May be further issues lo coupon amount thagginchochu. 

Quarterly payout is also one of the attraction. 

Link to comment
Share on other sites

first time kabatti risk endkule ani interest rate ekkuva pettaru .....

honestly that is huge but e time lo awsaram .....  8-10 years ki doube amount evvai......kakaote locking period option kosam usual ga antha rate pedataru 

all ways means lo bagamga evi kuda iste better name baga vastadi 

Link to comment
Share on other sites

1 minute ago, NFans NRT said:

Govt bonds have to be honored even if parties change Kada bhayya..!! 

I believe just to attract investment community, Govt is paying 1% premium. Else, at 9-10%, these bonds could have subscribed. May be further issues lo coupon amount thagginchochu. 

Quarterly payout is also one of the attraction. 

what is the duration . what if we want to sell in between?

are there any rules if they don't oblige - so far all municipal bonds are small amounts, low interest rate, small duration (hyderabad etc.)

i am saying in the context of as an investment. if someone is willing to contribute to state by taking some risk - good.

hope..they don't involve retail in this kind of things.

Link to comment
Share on other sites

4 minutes ago, nvkrishna said:

what is the duration . what if we want to sell in between?

are there any rules if they don't oblige - so far all municipal bonds are small amounts, low interest rate, small duration (hyderabad etc.)

i am saying in the context of as an investment. if someone is willing to contribute to state by taking some risk - good.

hope..they don't involve retail in this kind of things.

Soon, they are planning retail also bhayya.., planning masala bonds also for NRI retail investors. 

Link to comment
Share on other sites

9 minutes ago, nvkrishna said:

what is the duration . what if we want to sell in between?

are there any rules if they don't oblige - so far all municipal bonds are small amounts, low interest rate, small duration (hyderabad etc.)

i am saying in the context of as an investment. if someone is willing to contribute to state by taking some risk - good.

hope..they don't involve retail in this kind of things.

GHMC also garnered around 1000cr anukunta. BSE FB page lo bonthu rammohan pics thega pedthunnaru appatnundi :D

Link to comment
Share on other sites

6 minutes ago, NFans NRT said:

Soon, they are planning retail also bhayya.., planning masala bonds also for NRI retail investors. 

ee thread chusthe elaa react avvaalo kuda artham kaavatam ledu...

Motherson sumi got money at less than 2% interest (euro bonds) - how cheap money in these days in foreign countries.

appu pudithe chaalu (at any interest rate) ...celebrate chesukune stage ki vatchaam...feeling sad.

Link to comment
Share on other sites

Hyderabad Municipal Corp raises Rs 1.95 bn for road projects through bonds

Funds raised through the bonds will be utilized to meet funding requirement of Strategic Road Development Plan

Abhijit Lele  |  Mumbai  Last Updated at August 13, 2018 19:14 IST

 
 
road, road construction, highway
Representative Image
 

Greater Hyderabad Municipal Corporation (GHMC) has raised Rs 1.95 billion through municipal bonds for financing road development projects in city.

These 10-year bonds were placed with investors, including finance companies, banks and pension funds, at a coupon rate of 9.38 per cent. They carry “AA” rating from CARE and India Ratings.

SBI Capital Market (SBI Caps), arranger for transaction, said in a statement GHMC received bids of Rs 2.5 billion, which was 2.5 times the base issue size of Rs 1 billion. This is the second municipal bond issuance for GHMC. It had raised Rs 2 billion earlier this year.

in-art-close-icon-128x128-16481b937f87b244a645cdbef0d930f8.png
–– ADVERTISEMENT ––
 
 

 

Funds raised through the bonds will be utilized to meet funding requirement of Strategic Road Development Plan (SRDP). The outlay of road projects in the city is Rs 35 billion. Out of that, Rs 10 billion would be raised through bonds, Rs 15 billion from banks and a balance Rs 10 billion will come from internal accrual. Out of Rs 10 billion, GHMC has already raised Rs 3.95 billion through municipal bonds and will raise the balance through bonds in the remaining part of the current financial year, market sources said.

The unsecured bond issue is backed by a structure payment mechanism. Under it, property tax and fees and user charges collected by and due to GHMC will be deposited every month in a separate no-lien escrow account for debt servicing of bonds, SBI Caps said.

Link to comment
Share on other sites

4 minutes ago, sonykongara said:

Hyderabad Municipal Corp raises Rs 1.95 bn for road projects through bonds

Funds raised through the bonds will be utilized to meet funding requirement of Strategic Road Development Plan

Abhijit Lele  |  Mumbai  Last Updated at August 13, 2018 19:14 IST

 
 
road, road construction, highway
Representative Image
 

Greater Hyderabad Municipal Corporation (GHMC) has raised Rs 1.95 billion through municipal bonds for financing road development projects in city.

These 10-year bonds were placed with investors, including finance companies, banks and pension funds, at a coupon rate of 9.38 per cent. They carry “AA” rating from CARE and India Ratings.

SBI Capital Market (SBI Caps), arranger for transaction, said in a statement GHMC received bids of Rs 2.5 billion, which was 2.5 times the base issue size of Rs 1 billion. This is the second municipal bond issuance for GHMC. It had raised Rs 2 billion earlier this year.

in-art-close-icon-128x128-16481b937f87b244a645cdbef0d930f8.png
–– ADVERTISEMENT ––
 
 

 

Funds raised through the bonds will be utilized to meet funding requirement of Strategic Road Development Plan (SRDP). The outlay of road projects in the city is Rs 35 billion. Out of that, Rs 10 billion would be raised through bonds, Rs 15 billion from banks and a balance Rs 10 billion will come from internal accrual. Out of Rs 10 billion, GHMC has already raised Rs 3.95 billion through municipal bonds and will raise the balance through bonds in the remaining part of the current financial year, market sources said.

The unsecured bond issue is backed by a structure payment mechanism. Under it, property tax and fees and user charges collected by and due to GHMC will be deposited every month in a separate no-lien escrow account for debt servicing of bonds, SBI Caps said.

Read last Para..!! Kind of We are putting future earnings as collateral. 

Mana state finances ante stressed unnai. Debt thechchukuntunnam. Financially rich states Kooda Ila appulu chesthe future lo interests ke saripovu revenue

Link to comment
Share on other sites

1 hour ago, nvkrishna said:

ee thread chusthe elaa react avvaalo kuda artham kaavatam ledu...

Motherson sumi got money at less than 2% interest (euro bonds) - how cheap money in these days in foreign countries.

appu pudithe chaalu (at any interest rate) ...celebrate chesukune stage ki vatchaam...feeling sad.

Jlr owned by Tata Motors. If JLRwants to to take a loan will it take from Indian banks or Britain banks? I could see from their balance sheet that they are paying huge amount of interest

Link to comment
Share on other sites

Just now, Ntrforever said:

Jlr owned by Tata Motors. If JLRwants to to take a loan will it take from Indian banks or Britain banks? I could see from their balance sheet that they are paying huge amount of interest

it is the loan taken by tata motors to buy jlr. Am i wrong?

i don't think jlr will take high interest loans from indian banks for its business needs. i have not read AR of Tamo. just assuming.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...