RBI designates two additional specified securities eligible for investment by NRs under ‘Fully Accessible Route’
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- Last Updated on 11 July, 2022
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Circular No. RBI/2022-23/86 FMRD.FMID.No.04/14.01.006/2022-23, Dated: 07.07.2022
The RBI has decided to designate the two securities as well as all new issuances of Government securities of 7-year and 14-year tenors as ‘specified securities’ under the Fully Accessible Route (FAR). Earlier, RBI introduced the FAR in pursuance of the announcement made in the Union Budget 2020-21 that certain specified category of Central Government securities be opened fully for non-resident investors without any restrictions, apart from being available to domestic investors as well.
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