NSE asks foreign investors not to raise long positions in bond futures
Jun 10 2014 , Mumbai
The country's biggest stock exchange also said in the circular that foreign institutional investors can invest in bond futures only after their holdings in cash and futures comes below 85 percent of permissible limits.
The total holding limit for foreign investors is $30 billion, of which $10 billion is allocated to investors like foreign central banks, sovereign wealth funds, insurance funds and pension funds and the other $20 billion is open for all overseas investors.
Foreign investors have used up nearly their entire limit under the $20 billion category.