Foreign central bank purchases of government securities authorised, subject to regulatory conditions for secondary market trading. The regulations define Foreign Central Bank as an institution outside India with central bank functions and amend Regulation 5(4) to allow a non-resident Indian, a registered FII, or a Foreign Central Bank to purchase securities other than shares or convertible debentures under Schedule 5. Schedule 5 is further amended to permit a Foreign Central Bank to purchase and sell dated Government securities and treasury bills in the secondary market, subject to conditions stipulated by the Reserve Bank.