Govt considering raising FII limit in bonds: Source

The government is considering a proposal to raise the ceiling on foreign institutional investments in government and corporate bonds by USD 5 billion each, a senior finance ministry official said on Monday.

November 20, 2012 / 14:38 IST

The government is considering a proposal to raise the ceiling on foreign institutional investments in government and corporate bonds by USD 5 billion each, a senior finance ministry official said on Monday.

The official did not specify whether that would involve raising the overall debt limits for foreign investors, or whether it would entail reshuffling limits between the different debt categories.

first published: Nov 20, 2012 12:12 pm

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