FIIs pour in over `1 trillion in debt market in 2014

Overseas investors have pumped in a staggering over Rs 1 lakh crore into the Indian debt market since the beginning of the year primarily on account of government's reform agenda.

As per the latest data, foreign investors have purchased debt securities worth Rs 2,82,194 crore in this year so far, while they offloaded bonds to the tune of Rs 1,64,820 crore during the same period, resulting into a net inflow of Rs 1,17,374 crore ($19.45 billion).

The inflow is also significantly higher in debt compared to equities, which till date have attracted Rs 85,330 crore ($14.2 billion).

Interestingly, most of the inflow into Indian debt has gone into government securities.