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    <title>Permitting Foreign Portfolio Investors (FPI) to invest in Municipal Bonds</title>
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      <description>Permitting Foreign Portfolio Investors to invest in municipal bonds is authorized under the SEBI regulatory framework, extending market access to FPIs for municipal debt pursuant to the operative provision of the foreign portfolio investor regulations. Custodians are required to notify their FPI clients and the circular is published on the regulator&#039;s website to implement this investment permission.</description>
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