Mumbai: The National Stock Exchange advised foreign investors on Tuesday to not increase their long positions in bond futures as their overall holding in government debt had reached 92.82 percent of the allowed limit.
The country`s biggest stock exchange also said in the circular that foreign institutional investors can invest in bond futures only after their holdings in cash and futures comes below 85 percent of permissible limits.
The total holding limit for foreign investors is USD 30 billion, of which USD 10 billion is allocated to investors like foreign central banks, sovereign wealth funds, insurance funds and pension funds and the other USD 20 billion is open for all overseas investors.
Foreign investors have used up nearly their entire limit under the USD 20 billion category.
