INDIA: India FII limits in government and corporate debt to increase

Wednesday January 23 2013

It is being reported that the Finance Ministry is likely to raise the ceiling for India foreign institutional investments (FII) in government and corporate bonds by $5 billion each. A senior Finance Ministry official has reportedly told the media that the finishing touches have been given to a proposal which will raise the upper limit for India FII investment in government bonds to $15 billion and that for corporate bonds to $25 billion.

This information will be updated as further details become available.