Корпорации Индии собрали рекордные 2,53 трлн рупий через коммерческие бумаги в июне

Listen to this article in summarized format According to Prime Database data, corporates raised Rs 2.53 lakh crore through CPs in June, up 84.6 per cent from Rs 1.37 lakh crore in May. On a year-on-year basis, issuances rose 59.4 per cent from Rs 1.59 lakh crore in June 2025. The June mobilisation was the highest since July 2021, when companies had raised Rs 2.69 lakh crore through CPs, the data showed. Indian government bonds experienced a decline early Monday, mirroring U.S. Treasury selloffs. Escalating U.S.-Iran tensions boosted oil prices, raising inflation concerns for India. Hopes for inclusion in Bloomberg's flagship index are expected to cushion further bond price drops. Overseas investors have shown persistent demand for Indian government bonds in July. Overnight index swap rates also saw an increase tracking offshore paying activity. "Corporates preferred CPs over bank borrowings wherever pricing was favourable. Many issuers also refinanced existing obligations and built precautionary liquidity buffers. The easing interest rate environment and expectations of comfortable liquidity further encouraged issuances," said V Ramachandra Reddy, head of treasury at The Karur Vysya Bank. Balasubramanian R, head of treasury at Dhanlaxmi Bank, said corporates and non-banking financial companies (NBFCs) increasingly substituted higher-cost bank borrowings with lower-cost short-term market funding. "Borrowers also tapped the CP market to meet seasonal working capital requirements, supported by strong investor demand and stable credit conditions," he added. CPs are short-term debt instruments used by corporates to raise funds between 7 days and one year. Yields on these instruments remained tight in early part of June, but later it eased after the continuous transient liquidity infusion by the Reserve Bank of India. The central bank infused more than Rs 6 lakh crore of transient liquidity to the banking system through various variable rate repo (VRR) auctions ranging between overnight and seven days. Currently, the liquidity in the banking system is estimated to be in surplus of around Rs 1.85 lakh crore as on July 5, according to the RBI's data. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price