Treasury and Investment
Group
The Bond Trading Division was
launched in November 2002 and its gross turnover
exceeded Rs. 1600 crores in the very first full
year of its operations. The same is now likely to
cross Rs. 3000 crores during the year 2005-2006.
Our Focus and
Reach
In its three years since
inception, the group has developed the capacity to
take open leveraged positions of over Rs. 100
crores on certain occasions. The Division caters
to more than 1500 institutional clients through
its Dealers located at vantage points in the
country. The client list includes most Pension and
Provident Funds including those of most PSUs and
large Corporates. We also deal with Banks,
Insurance Companies, Mutual funds and Primary
dealers on a principal-to-principal basis.
Although the leveraged capacity
to take long open positions in bonds is quite
limited in relation to the total market size, yet
we have been successful in market making in number
of securities in the past few years and are
recognized by the market as such.
With continuing changes in tastes
and trends, we, too, have altered our portfolio
focus from time to time and, now, deal in the
widest possible gamut of securities including
Central Government Securities, State Development
Loans, Corporate and PSU bonds, Taxable and
Tax-free bonds, Fixed and Floating Rate Bonds
etc.
Meet Our
Dealers Online
Our bond traders comprise a
vibrant and dynamic tribe of young as well
as experienced dealers who have, over the years,
developed the competence to acquire and place
securities in remote corners of the country. You
may contact them at their following direct
numbers: |