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  • News From Press Fiscal slippage woes spark FII sell-off in debt markets

    Fiscal slippage woes spark FII sell-off in debt markets

    Source: Livemint Nov 29, 2019

    Foreign institutional investors (FIIs) have turned net sellers of Indian debt over the past two weeks following concerns about fiscal slippage, hardening inflation and slowing economic growth.

    FIIs have sold nearly $1.08 billion of debt over the last thirteen trading sessions. They have been sellers on all days barring two. So far this year, FIIs have bought domestic debt worth $4.41 billion.

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