In the year to date, FIIs have invested $7.8 billion in Indian debt markets.
Foreign institutional investors (FIIs) mopped up 82.47% of the available $20 billion in government bonds as on June 4, according to data published by the National Securities Depository on Thursday. Currently, R82,091 crore worth of government bonds have been purchased and only R17,455 crore remain under the $20 billion limit, according to the data.
Last year, the government had raised the foreign institutional investment (FII) limit in government bonds by $5 billion to a total of $30 billion.
Demand for the government securities has also pushed the benchmark bond yield down by to 8.53% on Thursday's close, which was the lowest level since January 2014.