For Quick Alerts
For Daily Alerts

SEBI Withdraws 20% Foreign Investment Limit In Corporate Bonds


On Tuesday, the market watchdog SEBI lifted its limit of 20% on investments by FPIs or foreign portfolio investors in corporate bonds. The regulator in a notification said the restriction has been done away with in accordance with a circular notified by the Reserve Bank of India.

SEBI Withdraws 20% Foreign Investment Limit In Corporate Bonds

Last year in June, the Securities and Exchange Board of India (SEBI) has made it mandatory for foreign portfolio investors to not hold over 20% of their corporate bond portfolio in a single corporate.

Nonetheless, given the feedback from the market, the central bank withdrew the restriction. And to hence implement the guidelines stipulated by the RBI, SEBI said provisions laid down in its June 2018 circulars concerning exposure of over 20% in corporate bonds "stands withdrawn with immediate effect".

Read more about: sebi rbi fpi corporate bonds
Story first published: Wednesday, March 13, 2019, 12:04 [IST]
Company Search
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more