Government debt securities attracted bids worth a staggering Rs 8,419 crore from foreign investors as against Rs 8,114 crore on offer in an online auction today.
In an auction conducted on June 24, bids worth Rs 9,348 crore came in as against securities worth Rs 6,949 crore on offer in an online auction.
Government securities had evoked lesser subscriptions from foreign investors in the earlier two auctions. Before that, the bonds were subscribed multiple times, given the huge interest among foreign investors.
Today’s auction was conducted on BSE’s e-bidexchange platform from 1530 hours to 1730 hours after the close of market hours. At the end of the auction, 25 bids were declared successful.
Foreign portfolio investors (FPIs) have bid for investment limits in Government debt securities worth Rs 8,419 crore as against Rs 8,114 crore on offer, exchange data showed.
In an auction conducted on June 6, bids worth Rs 4,011 crore came in as against Rs 4,046 crore on offer during an online bidding.
Prior to that, it had attracted bids to the tune of Rs 2,957 crore as against securities worth Rs 3,340 crore put on offer in the auction conducted on May 16.