Day and Date: Friday, 16th February 2018
Venue: Sofitel, BKC, Mumbai
Time: 8:30 am to 1:00 pm
Lunch: 1:00 pm
The bond market is really worried about the absorption of supply of government bonds in fiscal 2018-19. The government is scheduled to borrow a gross of Rs 6.05 trillion and net of Rs 4.62 trillion of dated government bonds. Banks, the largest segment of buyers of government bonds with a 40% share in total outstanding government bonds, could stay away from the market, leading to a big gap in demand – supply balance.
Banks are holding bonds well in excess of statutory requirement of 19.5% of deposits, with over 28% of SLR holdings. Banks investments in government bonds have risen by 30% since demonetization in November 2016, at a time when 10 year benchmark government bond yields were at levels of below 6.5%. The 10 year bond yield is now at 7.5% and banks are staring at huge losses in their bond holdings. SBI provided for Rs 34 billion of mark to market losses in its books for the 3rd quarter of fiscal 2017-18.
INRBonds.com is holding “Fixed Income Risk & Strategy Workshop for Treasuries” for Treasury & Investment teams of Corporates, Banks, Trusts & Provident Funds, Insurance Companies and Family Offices who manage Fixed Income Portfolios that form a large part of their investments.The Fixed Income workshop will provide an in-depth knowledge of the Risk in Fixed Income Portfolios and provide Strategies to enhance returns while navigating the risks. The Workshop will focus on various fixed income instruments available for investments, the market outlook for interest rates and credit spreads and the domestic and global factors that will drive fixed income markets in 2018. Portfolio analytics and hedging tools and the risk of hedging will also be covered.
Treasury functions have become extremely complex with treasury teams facing the need to generate returns yet keep risks low in a market that is extremely dynamic due to the global interlinkages. INRBONDS Fixed Income Risk & Strategy Workshop aims to address the complexities faced by treasuries in their fixed-income investments.
INRBONDS.com is a dedicated Fixed Income Knowledge Platform with clients across top institutions. Prudential ICICI AMC, UTI AMC, HDFC AMC, Tata AMC, DSP Blackrock Investment Managers, Sundaram AMC, Aditya Birla Sunlife AMC, Reliance Nippon AMC, L&T Investment Management have all placed their teams, clients and channel partners in our Fixed Income Online and Offline training programs. Institutions including RBI, CRISIL, IOB, Birla Sun Life Insurance, Shiram Insurance, Edelweiss Financial Services, National Payments Corporation of India, Magma HDI General Insurance and many others have taken up membership of INRBOND.com.
Topics to be covered
Fixed Income Risk & Strategy 2018
Speaker – Arjun Parthasarathy, Founder & CEO INRBonds.com
Interest Rate Risk, Credit Risk, Liquidity Risk, Yield Curve Risk
Market Outlook for Interest Rates, Credit Spreads, Liquidity & Yield Curves
How and Where to Make Money in Fixed Income in 2018
Special Focus- High Yield Market in India
Time Slot: 8:30 am to 11:00 am
Speaker – Mr. P. Krishanamurthy, Ex-CGM RBI
RBI Fx Intervention – Spot & Forwards Impact on INR and Liquidity
Liquidity Management- Sterilization, LAF Objectives
Monetary Policy- Inflation & Growth
Special Focus- LCR, Banks Support for Government Bonds
Time Slot: 11:00 am to 1:00 pm
The participation fees is Rs 10,000 plus GST per participant (for INRBonds.com Members).
The participation fees is Rs 30,000 plus GST per participant.
Please contact Neelima at email@example.com or call on +919819770641 for participating in the Knowledge Workshop
Participation Fee for the Third Knowledge Workshop on Liquidity 29th July 2016 Sofitel BKC Mumbai
Workshop Participation Fee
INR 30,000 plus GST
Workshop Participation Fee for INRBonds.com Members
INR 10,000 plus GST
One Year Standard Membership Fee for INRBonds.com
INR 35,000 plus GST
Please keep up the good work.”
Keep Going – Upward Sloping”