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FIIs can buy corporate debt if listed in 15 days: RBI

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Reuters Mumbai

Foreign institutional investors can buy Indian corporate debt only if the securities are listed within 15 days, the Reserve Bank of India said on Friday.

In case the bonds are not listed within the stipulated time, investors should immediately sell them to a third party or to the issuer, the RBI said in a statement.

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First Published: Mar 02 2012 | 12:00 AM IST

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