Commercial Paper

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Corporate credit demand likely to revive this quarter, says SBI MD
The Economic Times· 2025-09-10 11:32
Group 1 - The bond issuance volume has decreased in the current quarter, with yields hardening, leading to a potential withdrawal of corporates from the bond market back to banks [1][7] - The 10-year bond yield has risen to 6.6%, while state government 30-year bond yields have increased to 7.5% [1][7] - The Reserve Bank of India's 100 basis point reduction in the policy repo rate since February was expected to boost bank credit offtake, but large corporations have relied more on market-based instruments like commercial paper and corporate bonds [2][7] Group 2 - Commercial paper issuances by non-financial entities rose to ₹0.78 lakh crore in the first quarter of the fiscal year, compared to ₹0.30 lakh crore in the same period last year [3][7] - Corporate bonds issued by non-financial entities increased to ₹0.95 lakh crore in the same quarter, up from ₹0.09 lakh crore a year ago [3][7] - Non-food bank credit grew by 9.9% year-on-year in the fortnight ended July 25, 2025, down from 13.6% in the same period the previous year [5][7] Group 3 - The credit to industry recorded a moderated year-on-year growth of 6% compared to 10.2% in the corresponding fortnight of last year [5][7] - The Indian banking sector is expected to see an incremental credit demand of ₹323 lakh crore over the next 11 years to support an average GDP growth of 7% [6][7] - India's current credit-to-GDP ratio stands at 65%, significantly lower than over 100% for developed economies, indicating a need for improvement to achieve the goal of becoming a $30 trillion economy by 2047 [7]
SalMar - Issuance of Commercial Paper
Globenewswire· 2025-03-11 09:19
Group 1 - SalMar ASA has issued a new commercial paper amounting to NOK 1,000,000,000 with a maturity date of 15 September 2025 and a coupon rate of 5.04% per annum [1] - The company is rated BBB+ by Nordic Credit Rating [1] - SalMar is recognized as one of the world's largest and most efficient producers of salmon [1][2] Group 2 - The company operates farming operations in Central Norway, Northern Norway, and Iceland, along with significant harvesting and secondary processing operations [2] - SalMar is involved in offshore aquaculture through SalMar Ocean and holds a 50% stake in Scottish Sea Farms Ltd [2] - The information provided is subject to the disclosure requirements of the Norwegian Securities Trading Act [2]