In 2023, foreign institutional investors have invested $840 million in Indian bonds.
Indian bonds have already been acquired by foreign institutional investors in 2023 for $840 million. They were net bond sellers in the years 2022 and 2021, therefore this represents a shift in the pattern.
The world’s central banks have started along a path to control inflation. Rising bond rates as a result of their actions are at four-and-a-half-year high levels.