Eros Share News (EROS)

Tue, 29th May 2012 04:33

MUMBAI, May 29 (Reuters) - GLOBAL MARKETS ROUNDUP

* Asian shares and the euro eased on Tuesday, with a relief

rally from last week's heavy selling faltering as a surge in

Spanish borrowing costs added to simmering worries about

Europe's debt restructuring challenges.

* The euro wobbled near a two-year low against the dollar

on Tuesday as concerns about the cost of shoring up the Spanish

banking system pushed up Spanish debt yields, offsetting a

slight easing in worries about Greece.

* Oil rose above $107 per barrel on Monday as fears of a

euro zone break-up receded, but Middle East oil supply worries

resurfaced after minimal progress in talks over Iran's nuclear

programme.



OVERNIGHT NEWS

* The Reserve Bank of India has removed restrictions imposed

on banks which earlier prevented lenders from levying penalty on

customers for foreclosure of some term deposits.

* U.S. private equity firm Apollo Global Management LLC and India's ICICI Venture, the private equity arm of

No.2 Indian lender ICICI Bank, are close to raising

$350 million to invest in distressed assets in India, two

sources with direct knowledge of the matter told Reuters.



KEY EVENTS TO WATCH

* RBI-finance ministry meeting. (0500 GMT)



EXTERNAL COMMERCIAL BORROWINGS / MAJOR DEALS

* Rural Electrification Corp has sought regulatory approval

to raise up to $500m through five-year bonds, HD Khunteta, the

company's director of finance said.

* Singapore-headquartered TRF Holdings has raised $22m

dual-tranche loan via IndusInd Bank as the bookrunner.

* IL&FS Financial Services has also wrapped up another 9

billion rupees (US$160m) loan for Brahmani River Pellets,

promoted by Stemcor Holdings.



USD/INR NDFs (NY closing prices)

* For up-to-date prices, double click

Close Open High Low Volume

55.76-80 55.72 55.80 55.57 High



FII INVESTMENTS-EQUITIES (Net rupees)

May 28* 1.09 bln

Month-to-date** -7.99 bln

Year-to-date** 420.42 bln

* Provisional NSE data

** Source: SEBI (reporting date as of May 25, as submitted

by custodians)



FII INVESTMENTS-DEBT (Net Rupees)

Debt

May 24 0.35 bln

Month-to-date 16.95 bln

Year-to-date 173.06 bln

Source: SEBI (reporting date as of May 25, as submitted by

custodians)



GOVERNMENT SECURITIES TRADING (Net buy/sell, in rupees)

May 28

Foreign Banks 2.79 bln

Public Sector Banks -7.03 bln

Private Sector Banks -2.60 bln

Mutual Funds -1.55 bln

Others 6.55 bln

Primary Dealers 1.83 bln

Source: Clearing Corp of India Ltd



WEEKLY GOVERNMENT BOND AUCTIONS (In rupees)

MATURITIES DATE AMOUNT

91-Day T-Bills May 30 100 bln

364-Day T-Bills May 30 50 bln

Government bond June 1 150 bln



BOND INTEREST/REDEMPTIONS

INSTRUMENT PAYMENT DATE AMOUNT (Mln rupees)

9.81% 2013 Interest May 30 5395.50

10.00% 2014 Interest May 30 1166.63

10.25% 2021 Interest May 30 13434.33

SDL 07.36%, 2014 Interest May 04 1870.88

(25 States)

91 days T-Bill Redemption May 04 90000.00

364 days T-Bill Redemption May 04 30000.00

SDL 07.10%, 2019 Interest May 05 887.50

(WEST BENGAL)

For full table, see



LIQUIDITY, as of May 28

* The Reserve Bank of India said on Monday it accepted all

39 bids for 854.25 billion rupees ($15.5 billion) at its one-day

repo auction, through which it injects liquidity into the

banking system.

* Indian bank refinancings with RBI fall to 82.51 bln

rupees

* Indian banks' cash balances with RBI fall to 3.04 trln

rupees.



(Compiled by Archana Narayanan; Editing by Rafael Nam)

Keywords: MARKETS INDIA/FX DEBT

(rafael.nam@thomsonreuters.com)(+91-22)(6180-7425)(Reuters Messaging: rafael.nam.thomsonreuters.com@reuters.net)

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