FPI investment in debt rebounds in September
Business Standard|September 13, 2024
Foreign portfolio investors' (FPIS') investment in the Indian debt market has seen a notable increase in September so far with net inflows of ₹15,357 crore during the first 11 days of the month. This is a little short of the total net investment of ₹16,421 crore during the same period in August, according to data on the National Securities Depository Limited (NSDL).
ANJALI KUMARI
FPI investment in debt rebounds in September

However, only a net total of ₹3,328 crore was infused in government securities designated under the fully accessible route (FAR) during the same period, Clearing Corporation of India (CCIL) data showed.

FPI investment in FAR securities had doubled, surpassing the 2 trillion mark within nine months of the announcement by JP Morgan to include Indian debt in its index.

Only government bonds issued by the Reserve Bank of India (RBI) under FAR are included in the index. Foreign investors have been shifting their bets to other segments in order to seek higher returns and diversify their portfolio, said market participants.

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