Capital Markets #fpi#indian bonds
Forex measures yield results: FPIs buy record $4.2 billion Indian government bonds in June; reserves may get a boost
Foreign portfolio investors (FPIs) invested a record $4.2 billion (Rs 39,640 crore) in Indian government bonds in June 2026, following measures by the government and RBI including capital gains tax exemption and wider access to longer-tenor bonds. The inflows are expected to support India's foreign exchange reserves, which stood at $672 billion as of June 12. The rupee recovered from a record low of 96.96 to 94.40, and the 10-year bond yield fell 20 basis points to 6.76%.
Jun 26, 2026 1 source