FAR securities get ₹60K cr since JP Morgan inclusion
Business Standard|October 26, 2024
In October so far, foreign portfolio investors sold FAR securities worth ₹5,000 crore
ANJALI KUMARI
FAR securities get ₹60K cr since JP Morgan inclusion

Since the inclusion of domestic government bonds in the JP Morgan indices on June 28 this year, government securities designated under the fully accessible route (FAR) have received inflows of around ₹60,000 crore so far.

Investment in FAR securities had exceeded ₹1 trillion on October 16 last year.

In September last year, JP Morgan had said it would include government paper issued by the Reserve Bank of India (RBI) under the FAR in its widely tracked global bond index (emerging markets).

In October so far, foreign portfolio investors sold FAR securities worth ₹5,000 crore, the Clearing Corporation of India (CCIL) data showed, due to a rise in crude oil prices and geopolitical tensions, said market participants.

هذه القصة مأخوذة من طبعة October 26, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 26, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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