FIIs invest Rs 11,337 crore in Indian bonds in February

Overseas investors pumped in Rs 11,337 crore in the Indian debt market last month

RELATED ARTICLES

and were net buyers of bonds for the second straight month this year.

Foreign institutional investors (FIIs) were gross buyers of debt securities worth Rs 27,657 crore and sellers of bonds to the tune of Rs 16,320.1 crore, resulting in a net inflow of about Rs 11,337 crore, according to data with the Securities and Exchange Board of India.

Besides, FIIs invested Rs 1,404.3 crore in the equity market last month.

Foreign investors had made a net investment of Rs 12,609 crore in the debt segment in January.

In 2013, FIIs withdrew Rs 50,847 crore ($8 billion) from the bond market and infused Rs 1.13 lakh crore ($20.1 billion) in equities.

They started pulling out from the Indian debt market after the US Federal Reserve first indicated in May that it would taper its stimulus programme, raising concerns that funds for investing in emerging markets may be reduced.

The Fed subsequently started tapering its bond purchases in January.

The rupee, which touched an all-time low of 68.85 against the dollar in August, has recovered and closed at 61.75 on Friday.

As of February 28, the number of registered FIIs stood at 1,721, while there were 6,354 registered sub-accounts.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • It will take at least 4 more quarters for corporate bottomlines to turn around

    Aggregate numbers from corporate results in the June quarter of 2014-15 are hardly different from the previous six quarters, with no positive surprise

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

Dealing with a sin called insensitivity

Rage and the notion of being above the law — ...

Kuruvilla Pandikattu SJ

India’s greatest gift to the world

What we hear most often about India these days is ...

Gautam Gupta

Why must innerwear be our best kept secret?

While women’s outerwear rules the marketing roost in India, unfortunately, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture