Debt Markets and Yield Curves
The debt market is larger than the equity market in most economies and provides a continuous real-time read on how investors assess...
13 pages carry this tag.
The debt market is larger than the equity market in most economies and provides a continuous real-time read on how investors assess...
See what a nominal return actually means after inflation, the real growth in your purchasing power.
Fundamental snapshot of Nifty 50 constituents: market cap, P/E, P/B, ROE, debt to equity, and dividend yield, sortable by sector.
The rate at which the RBI lends overnight funds to banks against government securities. It is the primary policy rate set by the Monetary Policy Committee.
The rate at which banks park surplus funds with the RBI. Together with the repo rate it forms the corridor within which overnight market rates move.
The rate of change in the prices of a consumption basket of goods and services. India's monetary policy targets CPI inflation at 4%, within a 2 to 6% band.
An index of prices at the wholesale level, weighted toward manufactured goods and commodities. It often diverges from CPI, which tracks consumer prices.
The rate of change in the total value of goods and services produced in the economy, reported quarterly in real (inflation-adjusted) terms.
The gap between government spending and its revenues, financed by borrowing. Expressed as a percentage of GDP in the Union Budget.
The shortfall between a country's foreign earnings (exports, remittances) and foreign spending (imports). A persistent CAD must be financed by foreign capital inflows.
The share of deposits banks must hold as cash with the RBI, earning no interest. Changing it directly adds or drains banking-system liquidity.
The share of deposits banks must invest in approved securities, chiefly government bonds. It ensures bank liquidity and a captive market for government debt.
One hundredth of a percentage point. Interest rates, yields, spreads, and expense ratios are quoted in basis points to avoid ambiguity.
Related topics: Valuation, DCF, Relative Valuation, Cost of Capital, Financial Statements, Cash Flow, Earnings Quality, Red Flags