Can you throw some light on the issue and redemptions of corporate bonds in the last few years and how have they stacked up?
Answer
Answer
The details of the issues and redemptions of corporate bonds are captured in the table below showing the gross and net level of such data on a quarterly basis.
Quarter Ended
Type of Instruments
Opening No. of instruments Outstanding
Opening Outstanding Amount (Rs. In crores)
No. of Issues
(Amount in Rs. Crores)
Number of Redemptions
(Amount in Rs. Crores)
No. of Instruments outstanding
Net Outstanding Amount (Rs. In Crores)
Mar-13
Fixed Rate
11240
1121210
1045
107141.5
805
29998.91
11724
1197754
Floating Rate
1156
22784.14
154
1518.94
127
612.13
1184
23553.58
Structured Notes
881
3797.84
138
641.08
241
564.17
898
3890.61
Others
1980
63786.95
273
4840.1
210
3544.89
2068
64948.81
Total
15257
1211579
1610
114141.6
1383
34720.1
15874
1290147
Jun-13
Fixed Rate
11724
1197754
951
95852.13
900
35392.12
11941
1262241
Floating Rate
1184
23553.58
175
2728.15
125
695
1241
26122.89
Structured Notes
898
3890.61
126
504.85
177
502.4
910
3924.33
Others
2068
64948.81
243
4620.09
373
7540.46
1972
64193.51
Total
15874
1290147
1495
103705.2
1575
44129.98
16064
1356481
Sep-13
Fixed Rate
11941
1262241
633
50751.14
987
46179.19
11755
1263365
Floating Rate
1241
26122.89
120
1386.15
152
2168.98
1212
25233.31
Structured Notes
910
3924.33
104
728
184
653.06
905
3981.92
Others
1972
64193.51
187
1787.61
283
6276.05
1892
64931.46
Total
16064
1356481
1044
54652.9
1606
55277.27
15764
1357512
Dec-13
Fixed Rate
11755
1263366
745
104221.5
807
49116.42
11859
1313276
Floating Rate
1212
25233.24
113
1175.44
144
1750.22
1191
23783.58
Structured Notes
905
3981.53
90
840.6
188
745.98
895
4118.23
Others
1892
64931.12
182
3917.04
252
5701.85
1848
61563.11
Total
15764
1357512
1130
110154.6
1391
57314.48
15793
1402741
Mar-14
Fixed Rate
11859
1313276
816
110645.8
2543
55476.6
10067
1362935
Floating Rate
1191
23783.58
109
2166.95
828
2645.3
651
35441.97
Structured Notes
895
4118.23
105
423.75
165
681.04
904
3849.42
Others
1848
61563.11
212
6402.12
574
3451.13
1482
65170.58
Total
15793
1402741
1242
119638.6
4110
62254.07
13104
1467397
Jun-14
Fixed Rate
10067
1362935
3133
46012.71
714
44670.98
12539
1369678
Floating Rate
651
35441.97
942
3707.81
170
1095.43
1446
38808.73
Structured Notes
904
3849.42
72
376.61
212
631.35
878
3646.66
Others
1482
65170.58
917
7937.21
326
5663.23
2077
68544.32
Total
13104
1467397
5064
58034.34
1422
52060.99
16940
1480678
Sep-14
Fixed Rate
12539
1369678
943
104320
714
36360.13
12893
1443395
Floating Rate
1446
38809.06
260
4661.53
171
1678.55
1558
42605.23
Structured Notes
878
3646.86
142
2451.64
217
473.4
918
5718.73
Others
2077
68544.4
487
9814.83
274
3650.79
2309
75981.16
Total
16940
1480678
1832
121248
1376
42162.88
17678
1567700
Dec-14
Fixed Rate
12893
1443395
1228
117081.7
734
47989.92
13497
1515285
Floating Rate
1558
42605.23
247
5516.57
164
2953.78
1674
51329.11
Structured Notes
918
5718.73
158
3395.13
162
341.14
982
8742.69
Others
2309
75981.16
454
8748.26
281
4001.57
2511
73098.66
Total
17678
1567700
2087
134741.6
1341
55286.42
18664
1648456
Mar-15
Fixed Rate
13497
1515286
1200
144826.8
710
48699.7
14090
1608886
Floating Rate
1674
51329.02
212
2360
184
4512.92
1720
45647.84
Structured Notes
982
8742.21
139
4974.82
163
274.91
1044
13422.33
Others
2511
73099.15
407
12776.7
345
4961.55
2585
82364.62
Total
18664
1648456
1958
164938.4
1402
58449.08
19439
1750320
Jun-15
Fixed Rate
14090
1608886
1365
102387
1038
66047.57
14549
1642207
Floating Rate
1720
45647.84
206
3709.04
190
2033
1748
47541.82
Structured Notes
1044
13422.33
113
3782.2
114
671.78
1092
16297.47
Others
2585
82364.62
449
11404.48
446
9531.51
2607
82875.21
Total
19439
1750320
2133
121282.7
1788
78283.86
19996
1788921
Sep-15
Fixed Rate
14549
1642207
1487
116433.1
891
44373.07
15249
1689992
Floating Rate
1748
47541.82
233
5365.79
144
4571.91
1881
69963.36
Structured Notes
1092
16297.47
134
3512.82
108
1144.59
1148
18984.9
Others
2607
82875.21
371
6754.42
246
2304.94
2757
87119.43
Total
19996
1788921
2225
132066.1
1389
52394.51
21035
1866060
Dec-15
Fixed Rate
15249
1689992
1147
137755.8
1004
85305.54
15476
1732675
Floating Rate
1881
69963.36
244
1659.69
207
3198.8
1928
67400.68
Structured Notes
1148
18984.9
155
3508.78
144
1261.67
1173
20918.84
Others
2757
87119.43
317
10310.48
227
7355.8
2857
90231.51
Total
21035
1866060
1863
153234.7
1582
97121.8
21434
1911226
Mar-16
Fixed Rate
15476
1732675
1368
161374.4
824
67704.3
16166
1827249
Floating Rate
1928
67400.68
265
1832.73
172
1660.83
2019
72404.04
Structured Notes
1173
20918.84
157
7070.55
143
2523.98
1238
25589.24
Others
2857
90231.51
323
7730.92
241
8988.01
2951
94053.67
Total
21434
1911226
2113
178008.6
1380
80877.12
22374
2019296
Jun-16
Fixed Rate
16166
1827249
1369
114334.6
966
77211.32
16691
1867954
Floating Rate
2019
72404.04
308
2573.98
189
1669.56
2131
73171.67
Structured Notes
1238
25589.24
232
3735.25
257
2118.3
1324
27184.94
Others
2951
94053.67
316
8099.28
324
8189.11
2965
95003.88
Total
22374
2019296
2225
128743.1
1736
89188.3
23111
2063314
Sep-16
Fixed Rate
16691
1867954
1416
190569.4
986
68886.98
17201
1981381
Floating Rate
2131
73171.67
364
7439.15
173
4746.13
2352
85083.15
Structured Notes
1324
27184.94
225
2566.41
149
1007.56
1434
28739.77
Others
2965
95003.88
312
8796.17
340
5238.08
2956
99490.57
Total
23111
2063314
2317
209371.1
1648
79878.75
23943
2194694
Dec-16
Fixed Rate
17201
1981381
1086
138028.6
1008
63191.12
17354
2056212
Floating Rate
2352
85083.15
342
2143.76
181
3338.92
2508
83896.26
Structured Notes
1434
28739.77
212
2517.09
122
1383.72
1546
29822.88
Others
2956
99490.57
304
13068.27
318
6011.45
2949
107065.2
Total
23943
2194694
1944
155757.7
1629
73925.21
24357
2276996
Mar-17
Fixed Rate
17354
2056212
1317
184057.5
902
68905.57
17832
2169239
Floating Rate
2508
83896.26
287
9108.82
136
1170.58
2663
91237.97
Structured Notes
1546
29822.88
177
2981.39
141
1431.95
1643
31469.64
Others
2949
107065.2
456
12547.43
377
10261.99
3051
112964.2
Total
24357
2276996
2237
208695.1
1556
81770.1
25189
2404911
Jun-17
Fixed Rate
17832
2169239
1216
134830.7
1215
78041.42
17928
2226851
Floating Rate
2663
91237.97
272
13067.12
158
2345.75
2783
101585.9
Structured Notes
1643
31469.64
373
2167.37
180
1467.21
1865
32165.28
Others
3051
112964.2
283
16185.85
326
7359.37
3025
120650.2
Total
25189
2404911
2144
166251
1879
89213.75
25601
2481252
Sep-17
Fixed Rate
17928
2226851
1038
151241.9
944
64821.88
18127
2323943
Floating Rate
2783
101585.9
187
10489.09
222
6052.4
2907
128540
Structured Notes
1865
32165.28
96
1705.64
180
1019.59
1649
11355.57
Others
3025
120650.2
231
8143.79
384
7966.43
2896
123019
Total
25601
2481252
1552
171580.5
1730
79860.3
25579
2586857
Dec-17
Fixed Rate
18127
2323943
912
129420.3
832
63518.81
18241
2383233
Floating Rate
2907
128540
140
7347.34
226
2242.54
2782
127840.4
Structured Notes
1649
11355.57
75
1366.04
180
1362.32
1615
16905.61
Others
2896
123019
236
7163.92
384
10719.39
2776
119055.1
Total
25579
2586857
1363
145297.6
1622
77843.06
25414
2647034
Mar-18
Fixed Rate
18241
2383233
877
158943.1
1118
78971.16
18052
2458777
Floating Rate
2782
127840.4
221
8798
289
2209.2
2724
130230.1
Structured Notes
1615
16905.61
147
2478.47
303
2098.75
1538
17407.53
Others
2776
119055.1
402
23715.32
379
7147.84
2778
135844.8
Total
25414
2647034
1647
193934.9
2089
90426.94
25092
2742259
Jun-18
Fixed Rate
18052
2458777
800
95449.67
1276
126632.3
17798
2525749
Floating Rate
2724
130230.1
163
12527.86
264
5857.22
2748
149713.1
Structured Notes
1538
17407.53
154
1462.48
267
1192.97
1420
17733.71
Others
2778
135844.8
364
18109.08
477
10786.32
2674
144487.1
Total
25092
2742259
1481
127549.1
2284
144468.8
24640
2837683
Sep-18
Fixed Rate
17798
2525749
725
91612.65
1120
100304.3
17407
2513184
Floating Rate
2748
149713.1
255
11994.99
260
5804.42
2759
155719.5
Structured Notes
1420
17733.71
227
3401.25
235
1022.95
1294
20073.53
Others
2674
144487.1
355
15592.36
389
10950.95
2623
149234.5
Total
24640
2837683
1562
122601.3
2004
118082.7
24083
2838211
Dec-18
Fixed Rate
17407
2513184
867
184906
924
94175
17419
2604951
Floating Rate
2759
155719
207
16687
223
8535
2752
164665
Structured Notes
1294
20074
160
2038
142
1102
1216
21191
Others
2623
149235
383
16007
369
8278
2623
157358
Total
24083
2838211
1617
219639
1658
112090
24010
2948165
Mar-19
Fixed Rate
17419
2604951
1188
237077
1232
128957.4
17541
2708367
Floating Rate
2752
164664.8
327
27675.57
224
13039.59
2834
179756.7
Structured Notes
1216
21190.9
133
13653.09
171
2424.37
1185
23106.31
Others
2623
157358.3
661
5884.108
414
16872.08
2689
155997.9
Total
24010
2948165
2309
284289.8
2041
161293.5
24249
3067228
Jun-19
Fixed Rate
17541
2708367
1034
128903.6
1244
116318.7
17469
2717513
Floating Rate
2834
179756.7
277
6932.641
400
23581.51
2694
165846.6
Structured Notes
1185
23106.31
186
2308.695
339
2255.43
963
23068.04
Others
2689
155997.9
388
13177.34
487
14917.77
2605
156969.8
Total
24249
3067228
1885
151322.3
2470
157073.4
23731
3063397
Sep-19
Fixed Rate
17469
2717513
874
142226.7
1334
95911.95
17382
2755976
Floating Rate
2694
165846.6
234
6789.5
301
18110.78
2642
154503.5
Structured Notes
963
23068.04
186
2163.9
181
2300.38
903
22725.7
Others
2605
156969.8
290
10662.94
388
9621.399
2519
154594
Total
23731
3063397
1584
161843
2204
125944.5
23446
3087799
Apart from quarterly totals, the above table also provides you with a detailed break up on the floating rate and fixed rate data as well as structure notes.