Fully Accessible Route now includes sovereign green bonds, permitting non-resident investment under existing FAR conditions. All Sovereign Green Bonds issued by the Government in fiscal year 2022-23 are designated as specified securities under the Fully Accessible Route, permitting non-resident investment on the same terms as other FAR-eligible central government securities. The Directions are issued under Section 45W, apply with immediate effect, and are without prejudice to permissions required under other laws.
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Provisions expressly mentioned in the judgment/order text.
Fully Accessible Route now includes sovereign green bonds, permitting non-resident investment under existing FAR conditions.
All Sovereign Green Bonds issued by the Government in fiscal year 2022-23 are designated as specified securities under the Fully Accessible Route, permitting non-resident investment on the same terms as other FAR-eligible central government securities. The Directions are issued under Section 45W, apply with immediate effect, and are without prejudice to permissions required under other laws.
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