Fully Accessible Route expands to include sovereign green bonds, enabling non resident investment under FAR conditions. All Sovereign Green Bonds issued by the Government in fiscal year 2023 24 are designated as specified securities under the Fully Accessible Route, making them eligible for non resident investment on the same unrestricted basis as other FAR securities. The Directions are issued under the Reserve Bank's statutory powers, without prejudice to permissions under other laws, and are applicable with immediate effect.
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Fully Accessible Route expands to include sovereign green bonds, enabling non resident investment under FAR conditions.
All Sovereign Green Bonds issued by the Government in fiscal year 2023 24 are designated as specified securities under the Fully Accessible Route, making them eligible for non resident investment on the same unrestricted basis as other FAR securities. The Directions are issued under the Reserve Bank's statutory powers, without prejudice to permissions under other laws, and are applicable with immediate effect.
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