{"id":80227,"date":"2018-05-29T18:26:29","date_gmt":"2018-05-29T18:26:29","guid":{"rendered":"http:\/\/www.bnreport.com\/fpi-debt-selling-hits-18-month-high-in-may\/"},"modified":"2018-05-29T18:26:29","modified_gmt":"2018-05-29T18:26:29","slug":"fpi-debt-selling-hits-18-month-high-in-may","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/fpi-debt-selling-hits-18-month-high-in-may\/","title":{"rendered":"FPI debt selling hits 18-month high in May"},"content":{"rendered":"

MUMBAI: Net sales of local debt by overseas investors in May are headed for an 18-month record, underscoring the diminishing appeal of emerging market assets amid steady climbs in crude oil prices globally and the cost of capital in the US. <\/p>\n

Overseas investors have sold around Rs 18,971 crore worth of debt securities until May 29, the largest monthly net outgo since November 2016, show data from National Depository Securities. Collectively, foreign portfolio investors have sold Rs 28,518 crore domestic securities in May both in equites and debt, according to NSDL data. <\/p>\n

\u201cForeign funds have dried up in the backdrop of a strong dollar and exits across asset classes from emerging markets,\u201d said Sandeep Bagla, associate director at Trust Capital Services India. \u201cFPIs have sold debt securities in India due to surging crude oil prices, US Treasury yields, higher domestic inflation and tight market liquidity.\u201d <\/p>\n

Bagla added that the \u201cmovement of the dollar against other currencies will be key to deciding future investments in emerging markets.\u201d <\/p>\n

In the past one month, the dollar index, which measures the unit against other currencies, rose 2.57%. <\/p>\n

The local currency, which Tuesday ended at 67.87 to the dollar, has lost 0.65 percent against the US currency, and was among the worst performers among emerging market units. <\/p>\n

During the month, the benchmark US Treasury yield shot up as high as 3.1%, although it has since eased to trade at 2.88% now. Back home, India benchmark yields has been rising pulling prices down. <\/p>\n

Crude oil prices touched a high of $80 a barrel two weeks ago, denting investor confidence on emerging markets, particularly those that are net importers of energy. India meets three-fourths of its oil needs from overseas shipments. <\/p>\n

\u201cForeign portfolio investors are now seeking the safety of dollar-backed assets,\u201d said Ajay Manglunia, EVP & Head fixed income markets, at Edelweiss Financial Services. \u201cUnless the global scenario stabilizes, investors may not be keen on emerging markets, although India stands a fair chance of garnering a lions share of foreign investments, with improving macro fundamentals.\u201d <\/p>\n

The Federal Reserves expected rate increases are also weighing on investor decision-making as higher US rates would prompt global bond buyers to gravitate toward Wall Street. <\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

[contf]
\n[contfnew]
\n <\/p>\n

ET Markets<\/a><\/h5>\n

[contfnewc]
\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"

MUMBAI: Net sales of local debt by overseas investors in May..<\/p>\n","protected":false},"author":1,"featured_media":80228,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-80227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nFPI debt selling hits 18-month high in May - Business News Report<\/title>\n<meta name=\"description\" content=\"MUMBAI: Net sales of local debt by overseas investors in May..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/fpi-debt-selling-hits-18-month-high-in-may\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FPI debt selling hits 18-month high in May - Business News Report\" \/>\n<meta property=\"og:description\" content=\"MUMBAI: Net sales of local debt by overseas investors in May..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/fpi-debt-selling-hits-18-month-high-in-may\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-29T18:26:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/fpi-debt-selling-hit-18-month-high-in-may.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"672\" \/>\n\t<meta property=\"og:image:height\" content=\"504\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fpi-debt-selling-hits-18-month-high-in-may\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fpi-debt-selling-hits-18-month-high-in-may\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"FPI debt selling hits 18-month high in May\",\"datePublished\":\"2018-05-29T18:26:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fpi-debt-selling-hits-18-month-high-in-may\\\/\"},\"wordCount\":371,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fpi-debt-selling-hits-18-month-high-in-may\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/05\\\/fpi-debt-selling-hit-18-month-high-in-may.jpg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fpi-debt-selling-hits-18-month-high-in-may\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fpi-debt-selling-hits-18-month-high-in-may\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fpi-debt-selling-hits-18-month-high-in-may\\\/\",\"name\":\"FPI debt selling hits 18-month high in May - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fpi-debt-selling-hits-18-month-high-in-may\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fpi-debt-selling-hits-18-month-high-in-may\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/05\\\/fpi-debt-selling-hit-18-month-high-in-may.jpg\",\"datePublished\":\"2018-05-29T18:26:29+00:00\",\"description\":\"MUMBAI: Net sales of local debt by overseas investors in May..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fpi-debt-selling-hits-18-month-high-in-may\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fpi-debt-selling-hits-18-month-high-in-may\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fpi-debt-selling-hits-18-month-high-in-may\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/05\\\/fpi-debt-selling-hit-18-month-high-in-may.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/05\\\/fpi-debt-selling-hit-18-month-high-in-may.jpg\",\"width\":672,\"height\":504},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/fpi-debt-selling-hits-18-month-high-in-may\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FPI debt selling hits 18-month high in May\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics & Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FPI debt selling hits 18-month high in May - Business News Report","description":"MUMBAI: Net sales of local debt by overseas investors in May..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/fpi-debt-selling-hits-18-month-high-in-may\/","og_locale":"en_US","og_type":"article","og_title":"FPI debt selling hits 18-month high in May - Business News Report","og_description":"MUMBAI: Net sales of local debt by overseas investors in May..","og_url":"https:\/\/www.bnreport.com\/en\/fpi-debt-selling-hits-18-month-high-in-may\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2018-05-29T18:26:29+00:00","og_image":[{"width":672,"height":504,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/fpi-debt-selling-hit-18-month-high-in-may.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/fpi-debt-selling-hits-18-month-high-in-may\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/fpi-debt-selling-hits-18-month-high-in-may\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"FPI debt selling hits 18-month high in May","datePublished":"2018-05-29T18:26:29+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/fpi-debt-selling-hits-18-month-high-in-may\/"},"wordCount":371,"commentCount":0,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/fpi-debt-selling-hits-18-month-high-in-may\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/fpi-debt-selling-hit-18-month-high-in-may.jpg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.bnreport.com\/en\/fpi-debt-selling-hits-18-month-high-in-may\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/fpi-debt-selling-hits-18-month-high-in-may\/","url":"https:\/\/www.bnreport.com\/en\/fpi-debt-selling-hits-18-month-high-in-may\/","name":"FPI debt selling hits 18-month high in May - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/fpi-debt-selling-hits-18-month-high-in-may\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/fpi-debt-selling-hits-18-month-high-in-may\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/fpi-debt-selling-hit-18-month-high-in-may.jpg","datePublished":"2018-05-29T18:26:29+00:00","description":"MUMBAI: Net sales of local debt by overseas investors in May..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/fpi-debt-selling-hits-18-month-high-in-may\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/fpi-debt-selling-hits-18-month-high-in-may\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/fpi-debt-selling-hits-18-month-high-in-may\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/fpi-debt-selling-hit-18-month-high-in-may.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/fpi-debt-selling-hit-18-month-high-in-may.jpg","width":672,"height":504},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/fpi-debt-selling-hits-18-month-high-in-may\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"FPI debt selling hits 18-month high in May"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics & Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/80227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=80227"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/80227\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/80228"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=80227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=80227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=80227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}