Search Result for : Government Securities

RBI hikes FPI investment limits in Government Securities

The Dollar Business Bureau The Reserve Bank of India (RBI) on Tuesday increased the investment limits for foreign portfolio investors (FPIs) in central government securities (G-Secs) by Rs.64 billion and in State Development Loans (SDLs) by Rs.58 billion. “The limits for investment by FPIs for the quarter January–March 2018 is increased by Rs.64 billion in Central Government Securities (Central G-Secs) and Rs.58 billion in State Development Loans (SDLs),” RBI said in an announcement (A.P. DIR Series Circular No. 14). “The revised limits are allocated as per the modified framework prescribed in the RBI/2017-18/12 A.P. (Dir Series) Circular No.1 dated July 3, 2017,” it added. The total limit of G-Secs will be Rs.2564 billion, of which Rs.1913 billion for general category FPIs and Rs.651 billion ...

RBI to buy Govt bonds worth Rs.15,000 cr via OMO

The Dollar Business Bureau In order to infuse liquidity in to the banking system, the Reserve Bank of India (RBI) will purchase government bonds amounting to Rs.15,000 crore via open market operations (OMO) next week. The latest announcement comes barely a week after the bank bought government securities worth Rs.15,000 crore through OMO. In a statement released on Friday, the RBI said, “On the basis of recent assessment of prevalent and growing liquidity conditions, the Bank has decided to buy government securities under OMO for an average amount of Rs.150 billion on May 31.” There is a total aggregate limit of Rs.150 billion for all the government securities taken together. Purchase of extra securities would help the bank to release the ...

Govt opens tap for securities worth $2.6 bn for FPIs

Source:PTI Foreign Portfolio Investors will be able to invest an additional $2.6 billion (Rs.16,431 crore) from Monday onwards in various government securities, including those of the states. Out of this, investment limits worth about Rs.5,600 crore are being allotted through an e-auction, while the rest would be available on tap. In further opening up, the limits would be enhanced by another Rs.16,600 crore from January 1 ownwards. This follows decisions by the RBI and SEBI earlier this month to allow greater foreign fund flows into the government securities, which are generally favoured by Foreign Portfolio investors (FPIs) over the corporate bonds in India. The cap has been now raised to Rs.1,70,000 crore from Rs.1,53,569 crore previously. As against the previous limit, the ...

Auction for Sale of New Government Stock maturing on December 19, 2034

Dated October 5th, 2015 | Copy of | Notification No. sl 202 | Government of India hereby notifies sale of New Government Stock (Securities) of ‘19 years, 2 months and 07 days’ for an aggregate amount of 3,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in this notification (called ‘Specific Notification’) as also the terms and conditions specified in the General Notification F. No. 4 (13)–W&M/2008, dated October 8, 2008 issued by Government of India. Method of Issue 2. The Stock will be sold through Reserve Bank of India, Mumbai Office, Fort, Mumbai- 400 001 in the manner as prescribed in paragraph 5.1 of the General Notification F. No. 4 (13)-W&M/2008, dated October 8, ...

RBI to allow Rs.1,200 bn additional foreign investments in government bonds

The Dollar Business Bureau The Reserve Bank of India has decided to increase the investment limits in government securities for foreign portfolio investors (FPI) up to 5% of the outstanding stock by March 2018. “In aggregate terms, this is expected to open up room for additional investment of Rs.1,200 billion in the limit for central government securities by March 2018 over and above the existing limit of Rs.1,535 billion for all government securities (G-sec),” the RBI said in its bi-monthly monetary policy statement on Tuesday. The move is aimed at having a more predictable regime for investment by the foreign portfolio investors (FPI). Besides, the limits for FPIs in debt securities issued by state governments, also known as State Development Loans (SDLs), ...