FPIs infuse ₹18,500 cr in debt market in Feb
Financial Express Mumbai|February 26, 2024
FOREIGN PORTFOLIO INVESTORS (FPIs) continued their bullish stance on the country's debt markets with a net infusion of over ₹18,500 crore so far this month, driven by upcoming inclusion of Indian government bonds in the JP Morgan Index.

This came following a net investment of over ₹19,836 crore in January, making it the highest monthly inflow in more than six years. This was the highest inflow since June 2017, when they infused ₹25,685 crore."With introduction of India in global bond indices this year, Indian debt inflows should get steady flows going ahead. Also, further front-loading before actual inclusion in June this year is also expected. This is also in line with long-term aim to deepen our underdeveloped debt-markets," Kislay Upadhyay, smallcase manager & founder Fidelfolio, said.

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