India won't reimpose foreign investment limits on 5-year, 7-year, 10-year bonds: Government source

All new Indian government bonds with a 14-year and 30-year tenor will no longer be accessible to foreign portfolio investors (FPIs) under the fully accessible route, the central bank had said in a release on Monday.

The Indian government has no plans to reimpose foreign investor limits on new issuances of 5-year, 7-year and 10-year bonds, a senior government source aware of the development said on Wednesday.

All new Indian government bonds with a 14-year and 30-year tenor will no longer be accessible to foreign portfolio investors (FPIs) under the fully accessible route, the central bank had said in a release on Monday.

Credit - Money Control