NEW DELHI: Foreign Portfolio Investors (FPIs) have pumped in nearly Rs 6,000 crore in government securities, including close to Rs 1,000 crore in states’ bonds, in a single day. This is addition to investment limits worth about Rs 5,600 crore has been purchased through an e-auction.
FPIs have made an investment of Rs 4,792 crore in central government securities and anotherRs 968 crore in state bonds, taking the total to Rs 5,760 crore on October 12 — the first day when the enhanced limit in government securities become available, as per latest data available with NSDL. RBI and Sebi earlier this month allowed greater foreign fund flows into the government securities, which are generally favoured by FPIs over the corporate bonds in India.
FPIs have made an investment of Rs 4,792 crore in central government securities and anotherRs 968 crore in state bonds, taking the total to Rs 5,760 crore on October 12 — the first day when the enhanced limit in government securities become available, as per latest data available with NSDL. RBI and Sebi earlier this month allowed greater foreign fund flows into the government securities, which are generally favoured by FPIs over the corporate bonds in India.
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