FIIs pour Rs 110b into Indian debt mkt in Feb

Foreign investors have poured almost Rs 110 billion into the Indian debt market so far this month after being net sellers of bonds in 2013.

The inflows followed a net investment of Rs 126.09 billion in the preceding month.

According to market experts, FII inflows into debt are returning on account of the stability observed in foreign exchange and interest rates.

Foreign institutional investors (FIIs) were gross buyers of debt securities worth Rs 212.10 billion and sellers of bonds to the tune of Rs 102.19 billion till February 21, resulting in a net inflow of Rs 109.91 billion ($1.77 billion), according to data from the Securities and Exchange Board of India (Sebi).
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